Gold continues to trade above the support area 1760 with
attempts to rise above 23.6% Fibonacci after quiet trading during the previous
sessions. The rise of gold above 23.6% Fibonacci 1873 will confirm the return
to the bullish scenario and re-target 50% Fibonacci at 1831 as a first target,
then 61.8% Fibonacci as a second target, provided it remains stable. Trading
above 1760, below 1760 opens the door to more decline towards 1670
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