here is a roadmap for gold based on fibo
fibo 50 area goes into the sma 100 area which is a strong resistance area and will continue the downtrend
if the price breaks the 0.618 area and closes above that area, cut loss and look for a setup to buy
trade at your own risk
fibo 50 area goes into the sma 100 area which is a strong resistance area and will continue the downtrend
if the price breaks the 0.618 area and closes above that area, cut loss and look for a setup to buy
trade at your own risk
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