Gold Spot / U.S. DollarUpdated Gold support and continue uptrend
The Gold presented a strong area of Support and consolidated it.
Fundamentals as upcoming Recession and DMI positive confirmed our direction of the market.
Pin bars on the support area.
its on the way of the target considerating the Fibonacci retracements and projections.
Fundamentals as upcoming Recession and DMI positive confirmed our direction of the market.
Pin bars on the support area.
its on the way of the target considerating the Fibonacci retracements and projections.
Note
Inside bar and MACD confirming the movement.
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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.