Gold Price Analysis

If the Support break at 0.618 Fib No then Fib No 0.50 will be your TP. If support doesn't break at 0.618 Fib No then it will reverse back and your profit will be at before Fib No 0.786.

If we see fundamentally in today's news the ISM Services PMI (the US manufacturing index) will become greater than forecast, which means the dollar index will go up in the next coming days and Gold prices decrease.