Gold has breakout its last resistance at 1,833 and made a new resistance zone at 1,870
re-test is confirming as we can see from the Weekly trendline and the daily chart
alternative scenario is going to test the Fibonacci level of 61.8%
entry point at level 1,837 - 1,845
targets:
TP: 1,870 - 1,900 - 1,916
SL: 1,830 - 1, 820
re-test is confirming as we can see from the Weekly trendline and the daily chart
alternative scenario is going to test the Fibonacci level of 61.8%
entry point at level 1,837 - 1,845
targets:
TP: 1,870 - 1,900 - 1,916
SL: 1,830 - 1, 820