GOLD ranging...and UP AGAIN
As I said last weeks ... GOLD rejected from Fibonacci 618 and reached the 1760 area from where it will have a small rejection and ... UP AGAIN around 1800-1820
THIS WEEK...GOLD will make a range in the area of Fibonacci 618 and 0.5!
any closure even for a day over Fibonacci 0.5 or below 618 gives the trend for the next months at GOLD ... that is, towards 1836 or until 1583!
For now, I see a rejection from the 0.5 fiboacci zone and a descent to the 618 zone
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
Our analyzes have an accuracy of over 91% but due to market manipulations during this period we will avoid putting exact values on SL!
We also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market.
*This information is not a Financial Advice.
THIS WEEK...GOLD will make a range in the area of Fibonacci 618 and 0.5!
any closure even for a day over Fibonacci 0.5 or below 618 gives the trend for the next months at GOLD ... that is, towards 1836 or until 1583!
For now, I see a rejection from the 0.5 fiboacci zone and a descent to the 618 zone
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
Our analyzes have an accuracy of over 91% but due to market manipulations during this period we will avoid putting exact values on SL!
We also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market.
*This information is not a Financial Advice.
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.