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FOREXN1
Dec 12, 2022 11:05 AM

GOLD: BUY From Retest FIBO+Support Level for a New LONG Setup Long

GoldOANDA

Description

The GOLD is growing making Higher-highs and Higher-lows and the last pullback on the support area can help only the value of this metal to grow. From the previous Swing low today the price retested the 50% Fibonacci level and the correlation with the other Forex pairs can only help the value to grow more. The price supported by the dynamic trendline plus the 50 moving average seems ready in this session to have a new impulsive push-up.

Comment

Comments
P_S_trade
Thanks for sharing your vision
FOREXN1
@P_S_trade, Thanks!
DeGRAM
Thank you for sharing your analysis.
FOREXN1
@DeGRAM, Welcome !
TopTradingSignals
Best of luck bro!
Hafiz641
sell sell
TraderAmin-KZ
agree 👏
SpartaBTC
An important moment for gold. What trend will develop further depends on this outcome of the trading situation.
Gold-Tech
Thanks for sharing
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