GOLD:SELL From 50% FIBO Level on Resistance Area SHORT Setup

The GOLD, increase its retracement yesterday with the resistance broken area with a big Bullish candle, and today the price approach another crucial area where the price will be inside the 50% and 61.8% Fibonacci levels. 1727.85 it's the major static resistance line for the price inside the Fibonacci range as for the 100 Moving average that will work like dynamic resistance. The Forecast Ichimoku remains Bearish and in the next sessions, we will understand if the price it's really ready to start a bullish trend or continue to follow the primary one, the downtrend.

Kommentera:

Kommentera:

DAILY VIEW