bigbullenter89

Gold on a strong support

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
Gold_carrying daily fibbo 38.2% support here n for a longer period of good support at $1930.which helps gold to get some air before drowning.
Yes, if US CPI came positive tomorrow than there's more pain ahead for gold bulls.
Although, my previous given charts works exactly. Stay tuned.
So, gold selling zone:- $1962-65, tgt $1930-1910-1886.
Also buying n support zone:- $1930-1965-1990.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.