From a COT perspective, we can see that gold is starting to lose its momentum. After building a second, smaller top, we can prepare for a possible correction towards the 1500.00 area.
Why there?
We have a double confirmation point from the 0.618 Fibonacci level and a monthly critical zone. This makes this area a perfect demand spot.
A good indicator for this to happen will be a close below the 0.236 Fibonacci area, near the 1790.00 mark.
Happy Trading!
Why there?
We have a double confirmation point from the 0.618 Fibonacci level and a monthly critical zone. This makes this area a perfect demand spot.
A good indicator for this to happen will be a close below the 0.236 Fibonacci area, near the 1790.00 mark.
Happy Trading!
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。