Gold, long-term bounce on 0.5 fibonacci level
As you can see from the chart, gold seems to have finished the retracement started on 2012 that bounced right around the 0.5 fibonacci level. While price is moving up, volume is also increasing. This is a strong bullish signal. Always pay attention to the bigger picture.
The informations and the strategies discussed are NOT recommendation to buy, sell or trade any securities. They are strictly for educational and illustrative purposes.
The informations and the strategies discussed are NOT recommendation to buy, sell or trade any securities. They are strictly for educational and illustrative purposes.
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.