Gold Spot / U.S. Dollar

Long

Updated

Gold trend

Between 1200 and 1190-88 should be significant support for cycle low. First wave up is Complete then second will target the 2.618 FIB between 1293 to 1295.

Note

71 degree (lower line) should provide Nice Comfort and support for gold

Note

snapshot

Trade closed: target reached

I dont have any further upward targets for gold

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.