GOLD (XAUUSD) | Fibonacci Retracement Test
Gold spot tests fibonacci level 38.20% with the main target at Fibonacci level 61.80% which it failed to breakout on 17 March.
The increase of Volume will contribute to a bullish breakout and retest at the initial target.
A positive sign is that the price bounced off of Major Support at 1451 two times (16 and 20 March).
This price movement made 1450 area a strong psychological level.
The increase of Volume will contribute to a bullish breakout and retest at the initial target.
A positive sign is that the price bounced off of Major Support at 1451 two times (16 and 20 March).
This price movement made 1450 area a strong psychological level.
Feragatname
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.