Gold Update "5-12-2022"
Gold Update "5-12-2022"
Gold has recently retraced the 61.8% Fib level. Currently, gold is trading in the 1797 range. If a breakout occurs, gold may rise to the resistance level of 1880. If the trend fails then price of gold could fall to 1770.
Happy Trading
Gold has recently retraced the 61.8% Fib level. Currently, gold is trading in the 1797 range. If a breakout occurs, gold may rise to the resistance level of 1880. If the trend fails then price of gold could fall to 1770.
Happy Trading
Trade closed: stop reached
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.