Gold is Ready for Bullish move once again
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Gold H1 Analysis
According to the Fibonacci level the market will go up from this red zone or from 2648-2640 area.
This is the major level according to the fibonacci that market is testing.
If a H1 or H4 Bullish engulfing candle formed from this red zone it will be a sign for the bullish.
The market was searching for the retracement or correction that has already done today.
Today we have seen selling of almost 30$ without any news or Fundamentals.So this was needed.
The targets are 2678 , 2791 and ultimately 2717
According to the Fibonacci level the market will go up from this red zone or from 2648-2640 area.
This is the major level according to the fibonacci that market is testing.
If a H1 or H4 Bullish engulfing candle formed from this red zone it will be a sign for the bullish.
The market was searching for the retracement or correction that has already done today.
Today we have seen selling of almost 30$ without any news or Fundamentals.So this was needed.
The targets are 2678 , 2791 and ultimately 2717
Trade fermée: cible de profit atteinte
Target 1 done
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