Gold Retracing to re-test the Support area
Last week we Spoke about possibility of the price that it will rally up and get resisted between level 1975.02 - 1983.51 then retrace back to support 1855.02 where 0.618 fibonacci retracement level lies, then shoot up to resistance 2036.34.
Instead it didn't retrace between level 1975.19 & 1983.51 but went up to resistance 2036.34 and then fall down to price level 1880.00, to give a discount so we can buy before the gold price become expensive again to price level 2036.34 (our target)
Instead it didn't retrace between level 1975.19 & 1983.51 but went up to resistance 2036.34 and then fall down to price level 1880.00, to give a discount so we can buy before the gold price become expensive again to price level 2036.34 (our target)
