Okay guys! we have hit our targets for gold from my previous post beyond what I had even anticipated.
I added Fibbonacci Retracement on the daily chart and I can see we are almost near a greater support level,
between
1258 and 1261 which LANDS PERFECT with our 38.20 Fibbonacci level.
I believe price is going to this level to find support with the 200 EMA then back up.
Babypips.com for Learning how to trade Fibbonacci.
I added Fibbonacci Retracement on the daily chart and I can see we are almost near a greater support level,
between
1258 and 1261 which LANDS PERFECT with our 38.20 Fibbonacci level.
I believe price is going to this level to find support with the 200 EMA then back up.
Babypips.com for Learning how to trade Fibbonacci.