Gold opportunity to next trend
Alternatively, a convergence of the Fibonacci 38.2% on one-day and the middle band of the Bollinger on 4H, close to $1,945, guards immediate recovery of the Gold Price.
Following that, the Pivot Point one-day R3, 100-day SMA and Fibonacci 161.8% on one-day, will act as a tough nut to crack for the Gold buyers around $1,955.
It’s worth noting that the Gold Price run-up beyond $1,955 will enable buyers to aim for an area comprising multiple hurdles marked during May and July, around $1,985.
Gold buy now 1930
Buy limit 1924
Target 1935
Target 1950
Sl 1918
Following that, the Pivot Point one-day R3, 100-day SMA and Fibonacci 161.8% on one-day, will act as a tough nut to crack for the Gold buyers around $1,955.
It’s worth noting that the Gold Price run-up beyond $1,955 will enable buyers to aim for an area comprising multiple hurdles marked during May and July, around $1,985.
Gold buy now 1930
Buy limit 1924
Target 1935
Target 1950
Sl 1918
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