Gold analysis (09.03.2021) - "End of correction?"
Hi all
Very interesting place for GOLD. After quite positive news with vaccinations, GOLD as a safe-haven asset lost its growing momentum and experienced correction that as for now stopped at the psychological level of 1700 and Fibo 61.8 which are main arguments to possibly go long over here.
Feel free to comment, give your thoughts. Would appreciate it if you like it!
Disclaimer!
This post does not provide financial advice. Always do your own analysis. Be aware that only you are responsible for your trades. Trade safe and keep in mind the risk!
Very interesting place for GOLD. After quite positive news with vaccinations, GOLD as a safe-haven asset lost its growing momentum and experienced correction that as for now stopped at the psychological level of 1700 and Fibo 61.8 which are main arguments to possibly go long over here.
Feel free to comment, give your thoughts. Would appreciate it if you like it!
Disclaimer!
This post does not provide financial advice. Always do your own analysis. Be aware that only you are responsible for your trades. Trade safe and keep in mind the risk!
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