shahrhyl17

GOLD still on an uptrend and ready to rocket up

Long
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
From the charts, and the Fibs level clearly shows the next possible level for it to move. I believe it will still go up given the current events happening around the world - next level for target could be 1660 region highs. It might just fall short to meet the 20MA acting as a support for the next up move. Lets see...

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.