Geopolitical news push price of gold above. As the price overcame level 1980, the following stop for 2001 means (0.618 according to Fibonacci). But in the mid-term plan if to look at MACD of the week schedule exhaustion of the movement is noticeable. Level 2001 for me will be decisive in medium-term time. I expect, a turn from this level.


Information provided is only educational and should not be used to take action in the market.
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MACD on weekly chart
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