GOLD and 200 Exponential moving average
GOLD
On September 24 the price of gold has felled below the 200 Exponential moving average and felled towards 1850.00
The 61.8% Fibonacci retracement level is acted as major resistance level for the Bull. From this level we can expect a minor Head and shoulder pattern the immediate downside target would be 1873.00 which will be a good support level for the bull and low volume area too. On below that POC is ahead at 1860.00 level
My bias is remain towards south. Tell me about your view on GOLD in the comment section
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On September 24 the price of gold has felled below the 200 Exponential moving average and felled towards 1850.00
The 61.8% Fibonacci retracement level is acted as major resistance level for the Bull. From this level we can expect a minor Head and shoulder pattern the immediate downside target would be 1873.00 which will be a good support level for the bull and low volume area too. On below that POC is ahead at 1860.00 level
My bias is remain towards south. Tell me about your view on GOLD in the comment section
Give a like if u find useful
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