Based on basic Fibonacci Retracement, we can saw a level that Gold may be trying to reach.
23.6% @1321
38.2% @1299
I personally will look forward for Gold to pullback at least @1299.
And after we see a several signals such as a pattern or decline in the support, i will directly entry a new long position.
I closed mine with Stop @1327 after went long from @1293 with profit around +340 pips.
Hopefully my next trade can be better.
Good luck to you all and have a nice profit!!
Please help me with the " Like " button if you think this analysis helpful.
Thanks!!
23.6% @1321
38.2% @1299
I personally will look forward for Gold to pullback at least @1299.
And after we see a several signals such as a pattern or decline in the support, i will directly entry a new long position.
I closed mine with Stop @1327 after went long from @1293 with profit around +340 pips.
Hopefully my next trade can be better.
Good luck to you all and have a nice profit!!
Please help me with the " Like " button if you think this analysis helpful.
Thanks!!