Strong pull-back from a bullish run on Gold.
Approaching the 61.8% Fibo level where is also an area of support.
Looking for an rejection or bullish engulfing candle in the area to confirm this trade.
Short term target, we could TP at 23.6% Fibo where it may proof to be fresh level of strong resistance.
Approaching the 61.8% Fibo level where is also an area of support.
Looking for an rejection or bullish engulfing candle in the area to confirm this trade.
Short term target, we could TP at 23.6% Fibo where it may proof to be fresh level of strong resistance.
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