Spot Gold, current price 50,568, Harmonics pattern ( bottom highlighted) and Fib retractment( 61.8% and further) all pointing towards bounce in short term towards first 50, 935 and then towards 51,529. We can observe a clear a pattern which indicates bullishness to continue.
The above view is for short term and not medium to long term.
The above study is for educational purposes and should not be considered as financial advice.
The above view is for short term and not medium to long term.
The above study is for educational purposes and should not be considered as financial advice.
Trade closed: target reached
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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.