Gold - Possible support at 1209?
Believe price could find support at the 88.6 fib at 1209, if this level is broken the June lows could be tested.
If price does find support at the 88.6 fib it could be a nice long up to the top trendline.
Alt. break below June low and the bottom price channel could act as support as it did on three previous times.
If price does find support at the 88.6 fib it could be a nice long up to the top trendline.
Alt. break below June low and the bottom price channel could act as support as it did on three previous times.
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.