This recent up move is just a pullback
which did not retested out ob
it is heading back to retracement area of 0.7 and 0.5 lvl
but for short time gold is like to hover within 0.5 - 0.7 level (59665 - 59385)
and there after there is resistance above at 60150
cant fit in with good risk to reward for investing or value buying
better to avoid fomo
59970 and 58000 remains out intact buying area with small after this trigger
will update further after new moves
which did not retested out ob
it is heading back to retracement area of 0.7 and 0.5 lvl
but for short time gold is like to hover within 0.5 - 0.7 level (59665 - 59385)
and there after there is resistance above at 60150
cant fit in with good risk to reward for investing or value buying
better to avoid fomo
59970 and 58000 remains out intact buying area with small after this trigger
will update further after new moves
Comment:
price retraced from 0.7 fib lvl 59386
Comment:
58000 and 57600 will be suport zone
Comment:
58270 is liquid sweep area major still hold at 58000
Comment:
GOLD ENTERING BULLISH ORDER BLOCK WAIT FOR FEW CANDLES TO CLOSE
Comment:
NEW IDEA ON GOLD VALUE INVESTING HAS BEEN UPDATED
