Gold Daily Technical analysis

26 Şub 2015

Hi traders Here is happening on gold it hit Fibonacci level 50% (about 1220) if it will break out this level next target is 61.8 (1240) but before touch this level there is some Resistance MA(50) and MA(20) cross about 1230 i am looking long if it will pullback decline by Fibonacci level 50% it could be 1210-1213 if not i ll get long 1224 then target would be 1240