startrader143

GOLD - DAILY - ABCD / 0.618 retracement

startrader143 Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
Market Analysis

Gold price action forms ABCD pattern which push the price movement down to the 0.618 retracement , so from the recent high 0.618 retracement will be 1213.60..

So it will be the NEXT SUPPORT level for GOLD..
Trade closed: target reached
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