After a nice bull run to the price of 1880 we are now seeing a little retracement.
Using the Fibonacci fan we can see that Gold is neutral, and can go either way, it’s currently hovering right at a turning point line of .25 or about 1854.
From here Gold can either continue its bull run and retest to the price of 1880 or 0 or the price can drop down to .382 or 1840, or .5/1830.
Happy Trading
Using the Fibonacci fan we can see that Gold is neutral, and can go either way, it’s currently hovering right at a turning point line of .25 or about 1854.
From here Gold can either continue its bull run and retest to the price of 1880 or 0 or the price can drop down to .382 or 1840, or .5/1830.
Happy Trading
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