GOLD had a nice spike low last week and is looking to move higher.
On the close Friday we completed the 3 Drive and also a nice Gartley pattern into the 61.8% area where we a re expecting a bounce especially if this is going to be bullish.
We need to stay above 1920 on the short term for this to be bullish, any drop 1900 would see a possible move a lot lower.
AI has the GOLD trending higher for the day and we have just retraced into the 50-61.8% area from Fridays low and todays high.
I hope this helps.
Enjoy the day!! 👍👍
On the close Friday we completed the 3 Drive and also a nice Gartley pattern into the 61.8% area where we a re expecting a bounce especially if this is going to be bullish.
We need to stay above 1920 on the short term for this to be bullish, any drop 1900 would see a possible move a lot lower.
AI has the GOLD trending higher for the day and we have just retraced into the 50-61.8% area from Fridays low and todays high.
I hope this helps.
Enjoy the day!! 👍👍
Note
Targets if we can hold these lows.
Note
We might get one more low before the rally. Below this area and we could be looking at lower prices again..
t.me/OCEANAISIGNALS
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t.me/OCEANAISIGNALS
Check out the free Telegram group for Trade setups and Market Updates. Also one on one coaching now available. AI Subscription coming up shortly for an early bird introduction price.
Check out the free Telegram group for Trade setups and Market Updates. Also one on one coaching now available. AI Subscription coming up shortly for an early bird introduction price.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.