GOLD BUY BASED ON SUPPORT & RESISTANCE AND TREND ON HTF
LOOKING FOR PRICE TO FORM NEW SUPPORT AND HEAD TO 50% FIB (RETRACEMENT OF 2074 8/06 HIGH)
Comment:
REJECTION @ 38.2% FIB & 100 EMA CONFIRMING BUY STILL IN PLAY
- A CLOSE ABOVE 1946 SHOULD TAKE US TO NEXT CRITICAL ZONE 1950
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REJECTION @ 38.2% FIB & 100 EMA CONFIRMING BUY STILL IN PLAY
- A CLOSE ABOVE 1946 SHOULD TAKE US TO NEXT CRITICAL ZONE 1950