The Asia session is my favorite because it provides a solid structure after strong sessions in the London and New York markets, making the path clearer. With the Fibonacci extension, it looks like gold has a chance to break the resistance level at $2529.21 and make a new ATH. I'm aiming for the 288 Fibonacci extension level ($2535) as my next TP.
Trade closed: target reached
Target closed
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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.