Gold Expect Bullish movement for the day
Gold today expected to move around 2030-2029 by the Asian session and expect move further upwards to 2040-2045 range during Europe US session. Personally, I would target only long positions for the time being. The price currently bounced from 50% Fib expansion level and my target would be around 100% Fib expansion level which is around 2045 -2048 range. Further decision would be based on market conditions.
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.