Gold is currently moving up, and i thought i could give some levels we can trade from.
Note that in the zone between 1205 - 1210 we meet the following:
Note that in the zone between 1205 - 1210 we meet the following:
- Trendline in daily chart (downtrend)
- 0.618 Fibonacci Retracement from 1232 to 1162 leg
- 1.618 Fibonacci Extention from 1162 to 1189 leg
- 200 Moving Average at Daily Chart