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Gold trading opportunities June 28

 


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



Gold trading opportunities June 28 Gold trading opportunities June 28 Reviewed by DR HISHAM M YOUNES on June 27, 2021 Rating: 5

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