GOLD
After reaching the march high of 1700.00 its almost lost 2500 pips in 02 weeks and stalled at 1450.00 level
and recent handle formation shows as bullish engulfing handle which is a clear sign of bullish trends
we can open long positions after the fall back level which is 1500.00
top side resistance levels are 1575.00 which is 50% Fibonacci
1609.00 which is a 61.8% Fibonacci and 1647.00 which is a 78.6% Fibonacci
Primary target would be 1575.00
Stop lose may placed below the resistance zone of 1450.00
Leave your valuable comments below
After reaching the march high of 1700.00 its almost lost 2500 pips in 02 weeks and stalled at 1450.00 level
and recent handle formation shows as bullish engulfing handle which is a clear sign of bullish trends
we can open long positions after the fall back level which is 1500.00
top side resistance levels are 1575.00 which is 50% Fibonacci
1609.00 which is a 61.8% Fibonacci and 1647.00 which is a 78.6% Fibonacci
Primary target would be 1575.00
Stop lose may placed below the resistance zone of 1450.00
Leave your valuable comments below
Trade closed: target reached
