"After breaking through the $1,900 support level in the latter half of the year, gold accelerated its descent, reaching an ideal correction level at approximately $1,810, as per the Fibonacci 0.618 retracement. In tandem with the rise in risk perception leading to increased demand for commodities, the gold market witnessed a gap-up opening. The price per ounce of...
After too much pressure, GOLD is now on loose. It's almost mid-week, and gold is showing some strength. Let's see if GOLD will break 1730's area or bounce to 1700's again. My own target is 1732. So Traders, what do you think? It would be nice to know your ideas/opinions! :)
XAUUSD, moves differently against FED and good US data this week. Let's see if this price movement continues next week or back to its bearish trend. If the price continue to move up, it would challenge 1690's area, which is inside Ichi cloud. So Traders, what do you think? It would be nice to know your ideas/opinions! :)