TVC:GOLD   CFDs on Gold (US$ / OZ)
The index bounced back from 0.23 fib zone, tested its previous high, and pulled back again.
So, while pulling back holding that 0.23 fib zone is important to retain bull's power. That zone is also a major support as well.
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.