Yesterday, Gold rose to the resistance zone 1928 - 1930. It then had a huge jump to 1935 but that was just it going fast at that point. Fake Breakout
Then it went back to Fibonanci 0.5 ( 1914 ) . A long slip . But after a few hours it rose to Fibonanci 0.618 ( 1918 ) . Following the upward momentum Gold has soared to Fibonanci 0.786 (1925 )
News of Non-Farm and Unemployment Claims caused gold to plummet immediately after that . Touch Fibonanci 0.236 ( 1902) . After a period of news, Gold sideway in the price range 1908 - 1912
It is likely that today Gold will break out strongly and go up 1920
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