GOLD: BUY From Retest FIBO+Support Level for a New LONG Setup

The GOLD is growing making Higher-highs and Higher-lows and the last pullback on the support area can help only the value of this metal to grow. From the previous Swing low today the price retested the 50% Fibonacci level and the correlation with the other Forex pairs can only help the value to grow more. The price supported by the dynamic trendline plus the 50 moving average seems ready in this session to have a new impulsive push-up.

Kommentera: