In order for the counter-trend correction to be recognized as a trend change, the price has to break the resistance 1935-1939. In this case the market will start to form a strengthening of the price and a bullish trend will start to form.
Trade active:
The price moved towards 1940 and after a small correction it will move towards 1960.
Comment:
First Target Reached
Trade closed: target reached:
We are currently stuck at the 68 Fib level
You can take your profit and wait for the next movement of gold
You can take your profit and wait for the next movement of gold