upon my analysis based on Fibonacci, and technical analysis, gold closed this week above the previous weekly closing, so we can say gold is still very bullish.
I can see that gold could retrace to my buy zone, and go for 2500 as a long term trade.
of course, we should consider the fundamental analysis, and the current unstable situation in middle east.
I can see that gold could retrace to my buy zone, and go for 2500 as a long term trade.
of course, we should consider the fundamental analysis, and the current unstable situation in middle east.