Possible turn down prices of gold

I repeatedly said that gold is in the correctional difficult to predict movement. And now it possibly approaches end. Proceeding from Fibonacci we see that the price practically reached 1.618 from the previous wave. MACD is also developed. Thus, I expect the movement down to the old medium-term purposes: 1730, 1620, 1550.


Information provided is only educational and should not be used to take action in the market.

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Trade stängt manuellt:

I decided to close this idea at the price of 1945. As a result good profit was got:
sold for 2018. purchased for 1945.