mkandy

Gold monthly support levels

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
Gold Monthly support & fibo levels @ 1211 & 1172
If somebody has a long-term view on gold can *accumulate between these levels* Weekly RSI oversold (below 30)
If gold is in bull market, unlikely to break 1172. But keep some money to buy around 1120-1140.
Target open :-) (Minimum 1250 short term)
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.