Gold broke out of this minor consoildation zone during the night. Long positions are valid from this level however a deeper retracement could still be on the cards.
Note
RSI is looking bullish on the lower timeframes. Always refer to higher timeframes for the full trade analysis and the lower time frames for executionNote
Target 1570 1.618 fib extension
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Related publications
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.