can monday start bullish?
Gold is signalling a bullish setup as price retests a level of support and fib level 0.618. The retracement into this zone along with lower time frame trend lines shows signs of creating a higher low to, break through highs and the triangle patten.
Key Levels to Watch:
-Entry Zone: Around 2,639, aligning fibs support and trendline
-First Target: 2,664 current equal highs and resistant
-Second Target: 2,685.
Key Levels to Watch:
-Entry Zone: Around 2,639, aligning fibs support and trendline
-First Target: 2,664 current equal highs and resistant
-Second Target: 2,685.
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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.