CFDs on Gold (US$ / OZ)
Long
Updated

Magic 61.8%?

Gold reached the 61.8% FIB level and I expect it to go back up from there also based on RSI oversold position.

TP 1 1429.50
TP 2 1458.39
TP 3 1499.91
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snapshot

Watch 1150 level closely. If broken, we can expect it go much lower.
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Perhaps a more likely scenario...

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