DAY_PROFITS

Gold Pair Rebounds at Fibonacci Level, Bullish Impulse Expected

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
The gold pair experienced a rebound at the 61.8% Fibonacci level, which coincided with the dynamic trendline that acted as a support. Our idea is to go long and anticipate a new bullish movement in the direction of the main trend.
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.