GOLD consolidation begins
GOLD is consolidating following the bullish momentum move.
Price made a divergence and pulled back from the resistance level .
The price is getting close to the Fibonacci 38.2 level as well as the dynamic support and psychological level at 2000.
We anticipate 2 legged pullback or consolidation until price action shows otherwise.
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Price made a divergence and pulled back from the resistance level .
The price is getting close to the Fibonacci 38.2 level as well as the dynamic support and psychological level at 2000.
We anticipate 2 legged pullback or consolidation until price action shows otherwise.
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Share your opinion in the comments and support the idea with Like. Thanks for your support!
Penafian
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