TVC:GOLD   CFDs on Gold (US$ / OZ)
After Fridays Sell-off the price made a powerful pullback and bork down the daily structure and touched the support line area around 1827 and recovered to the area of 1849. Currently the price needs to retrace at least to the 0.682 or 0.5 of the fibonacci level which around 1880 and 1896 area. However still there is no confirmation for opening long positions we should wait for the market to shift from bearish to Bullish in 4H time frame if did so we can add our long positions otherwise the market might continue down drop.

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