Gold, which once again broke through all-time highs last Friday, reaching $2,431, corrected at the end of the day.
We returned to a magnificent H4 order block at the 0.62 Fibonacci level.
The price immediately reacted upwards when the markets reopened.
I'm still buying gold. Given the current geopolitical context, gold as a safe-haven asset is likely to continue rising over the next few days.
Feel free to put a boost on this post if you enjoyed my analysis, and tell me what you think!
Happy trading and a great week :)
We returned to a magnificent H4 order block at the 0.62 Fibonacci level.
The price immediately reacted upwards when the markets reopened.
I'm still buying gold. Given the current geopolitical context, gold as a safe-haven asset is likely to continue rising over the next few days.
Feel free to put a boost on this post if you enjoyed my analysis, and tell me what you think!
Happy trading and a great week :)