Gold ready for $3K
It looks like gold is currently in a fibonacci compression pattern (coiling up between the 0.618 retracements; see my indicators to put it on your chart)
Take profit is a bit below 3K which is good because there might be heavy selling at such a psychological level.
Take profit is a bit below 3K which is good because there might be heavy selling at such a psychological level.
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.
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.