DAY_PROFITS

GOLD Pullback Reaches Take Profit, Bullish Outlook Remains

Long
DAY_PROFITS Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
As predicted yesterday, GOLD experienced a pullback from the Fibonacci area, reaching our first take profit target. Despite this, our analysis continues to project a bullish outlook for this precious metal. We anticipate that the price of GOLD will potentially reach 2015 in the near future, although there is a possibility that the price could rise even further and eventually return to the market's higher levels.
Comment:
Previous Entry.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.