Here is the short term (H4) chart Fibonacci levels that I am paying attention to. As I previously wrote in a
twitter post of mine, the near term bearish pattern is invalidated and I expect new highs in the 1350-1370 area soon. As you may see from the updated chart, after gold price surged above the 61.8% Fibonacci resistance, it came back to test for support the 50% and bounced back. Expecting new highs.
No comments:
Post a Comment