Pure Simple Technical Analysis for GOLD Bias is Bullish Momentum
Bias from Daily chart shown above is Bullish if Fibonacci level is respected.
Candles closed at 100 Fibonacci Level 1863.04 Price on Sept 24 showing that the trend has respected our lowest low of Aug 12
If price holds this support level of the Fibonacci Level at 100 and closes above, expect a bullish trend.
Candles closed at 100 Fibonacci Level 1863.04 Price on Sept 24 showing that the trend has respected our lowest low of Aug 12
If price holds this support level of the Fibonacci Level at 100 and closes above, expect a bullish trend.