B1TN0X

XAUUSD TESTING 0.236 fib zone

FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Increase in the demand for gold, on the eve of two decades of the support zone of 250 USD achieved there by the year 2000, almost two decades elapsed and the market rises to the 0.236 fib zone (~ 1500USD). Recurring pattern as a dynamic zone for the configuration of historical supports / resistances (Jun-Jul 2011 / May 2012 / apr 2013). Once again we relieve them as a distinctive element of market behavior in recent days (ag 2019)

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