XAU/USD Pivot area with possibe Bullish move.Currently Gold is at a Pivotal area between 3153.46 and 3109.10 , this area holds a pivot turning point fot Gold next move , where we could head towards 3280 and 3407 for upward targets.
However failure to hold this area could send the price towards 2981.86 and 2855 for bearish Targets.
Fibonacci-multiple-time-frame-analysis
Bullish and Bearish Gold WeeklyMultiple time touching at 1680 and bouncing back to 1800 and above range. In this correction it may take below 1680 look like which will take us to 1500 and below. As DXY is very Bullish.
Trend Analysis Fibonacci Multiple Time Frame Analysis XAUUSD Gold goldanalysis fibonaccianalysis Fibonacci Confluence