As I said last week ... GOLD closed Fibonacci for 1 week and now the only valid chart remains the 1 month ... which shows that GOLD will continue its fall to the Fibonacci area 618 from where we will reanalyze the whole situation.
GOLD reached as I said at Fibonacci 618 from where I expect a major rejection until the 1760 area
THIS WEEK...as I said in the last...
Price made a huge drop yesterday, and now looks like it’s holding off the 1860 support level, could we see price complete this descending triangle pattern or will we see a continued break and a new trend? Watch out for price action confirmations of both at either the support level or resistive trend line
BUY XAUUSD @ 1876