Gold has broken and retested the support turned resistance trendline. Price is also holding the fibonacci golden pocket zone as resistance and is now moving to the downside. We are anticipating downside to continue into the fibonacci extension around the 1750 level.
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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.