Gold - Continue to detect a new peak at a high price
Hello dear friends!
The golden week has experienced a powerful surge as its price reached $1932.
Currently, in today's trading session, the downward trend continues, although there is a slight price correction at $1911.
With the potential to create a DOW from the chart, using Fibonacci retracement, the decline has reached the perfect level of 0.618, which is at $1907. Therefore, the anticipated price increase is being carried out, with expected highs of $1918, $1932, and finally $1973.
What do you think about the movement of gold? Leave your comments for Karina to know! Good luck!
The golden week has experienced a powerful surge as its price reached $1932.
Currently, in today's trading session, the downward trend continues, although there is a slight price correction at $1911.
With the potential to create a DOW from the chart, using Fibonacci retracement, the decline has reached the perfect level of 0.618, which is at $1907. Therefore, the anticipated price increase is being carried out, with expected highs of $1918, $1932, and finally $1973.
What do you think about the movement of gold? Leave your comments for Karina to know! Good luck!
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Trade closed: target reached
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