Gold prices broke resistance, potential for further upside

Price is approaching our first support, in line with our horizontal pullback support, 61.8% fibonacci extension and 50% fibonacci retracement where we could see a bounce above this level. Ichimoku cloud is showing signs of bullish pressure as well, in line with our bullish bias.
Chart PatternsGoldgoldlonggoldshortHarmonic PatternsTrend Analysis

This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
Aussi sur:

Clause de non-responsabilité