Gold fibonacci line 32 to the line after the reaction to Fibonacci 23 Back In this situation, if the candle's price fibonacci able to do almost went up 23 rejected otherwise are unable to come back at 50 percent
You can see analysis of Gold. 1. Gold is topped out. 2. Key lvls: 1450 (Short) 1430 (Long) 1484 (Short) 1300 (end of Rally)
It's looks like still on Bullish trend line and am about to go long
Gold – Gold forms another pin bar at key support zone, will it move higher? Gold has been buoyant and a potential buy at support near and just above 1300.00 key level. We can see that price pulled back last week to 1313.00 area and Gold formed a small bullish pin bar there on Friday, indicating price may bounce higher from that support again this week....
This butterfly pattern seats amidst solid support and resistance levels but also there seems to be a tight squeeze that has been broken by bearish momentum. My usual C point entry has been excused in this case but it could still pull through if the bearish momentum is short term. Time will tell. Good Luck
gold is on major support and also on key level. i am watching it bullish now. as a price action it has formed bullish candle on major support area, guys dont miss this opportunity now, like and follow me for more future updates.