TVC:GOLD   CFDs on Gold (US$ / OZ)
On the monthly and weekly time frame Gold exactly retraced to the 0.5 of Fibonacci and the price bounced back within couple sessions. Currently the price is approaching a very significant resist area around 1850-1860 because all previous supports in that area now turned into resistant so I expect the price to be rejected in its First attempt and make another move to the downside and test the demand area around 1810 then continue its uptrend. if you find this work useful push like please. Good luck my friends.....

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