Basically what we can see is that gold is creating lower highs meaning there is a down trend happening. But there is a strong support line on the 23.6% Fibo area. Nevertheless its is still trending down so we can expect that 23.6% level will be tested again and that will be the area of 1st TP. Should it breaks through 2nd TP will be at 0% level.
Let's keep the technical simple and easy for all to understand.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.