Recent Fibonacci retracements on the daily/weekly timeframe show c1370 as a key level for Gold following its recent heights. Include previous resistance around the area on the weekly timeframe and the movement under the MAs on the 4 hour timeframe leaves this to be a short opportunity until we get to this key level.
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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.