GOLD long-term analysis!
XAUUSD has been following the Fibonacci Channel for quite a long time now. It already hit the 3.618 level on the channel. Now, it has tested the major resistance trendline (black one). It might test it again and then fall to the 4.618 level, which is around $1750.
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.