Gold is not doing as well as many would like. Just passed the mark of 38.2% of the previous growth from the low of September 2022 to the high of April 2023. It is still too early to hurry with forecasts. I think there is still time, and the main, decisive movements will take place in the next two weeks. The fan of high-speed Fibonacci lines indicates that there is still time. However, how this week closes above or below the 38.2 main line will be of great importance.
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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.