Gold idea
It will try to break the old resistance level(what will now be the support) , 0.5 Fibonacci level(1719.320). If it fails, we can look for a long trade. If it breaks, it will go down to the 0.786 Fibonacci level(1704.865)
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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.