ddzr2010

ddzr2010

Gold hoovers over the 50% Fib Retracement. If it breaks there is some support at \$1,000 -1,030, from there the next support is Fib retracement 61.8 which is $888. Buckle up.

ddzr2010

Question to all experts from a Novice. I pulled fib retracement of XAUUSD on a Monthly TF from A to B. If this is right, then the current retracement is not at 50% yet (1087.58) a deeper retracement could be at fib 61.8 (892.42) or fib 78.6 (614.56).