Gold reversed nicely, price is approaching support
Price is approaching our first support, in line with our horizontal swing low support and 50% fibonacci retracement where we could see a bounce above this level. Stochastic is approaching support where we could see a bounce above this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
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.