We can expect gold prices to continue rising next week. The pullback was stopped twice at 61.8% Fibonacci level in the zone around 1890-1900 dollars.
Now we have a new turn towards the bullish side.
Our target is the previous high at 38.2% Fibonacci level in the zone around 1960 dollars.
Breaking the price above would form a new higher high and confirm the bullish trend, the psychological target of $ 2,000 price.
Now we have a new turn towards the bullish side.
Our target is the previous high at 38.2% Fibonacci level in the zone around 1960 dollars.
Breaking the price above would form a new higher high and confirm the bullish trend, the psychological target of $ 2,000 price.
Trade closed: target reached
1960$
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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.
Free telegram channel t.me/alexmasterforex
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.