gold will retest 1852.5, if it breaks 70, if not would redraw downward to 1846. Then FOMC's decision
Our last direction on Fibonacci gave a further downtend from the breakage of the diagonal trendline, however the emergence of a double support at 1781 has ended the Sell on GOLD. further breakout on 1796 has signals a fibonacci retracement till at least 0.618. Good Luck
support for GOLD at 1850k find FIB of Average (0.5) Of last days movement. Long till 0.5 OF fib. FURTHER DECISION ON PRICE MOVEMENT.
Upper Channel, Resistance if broken, up trend, if not, reverse to 1850