Gold is approaching support, potential bounce
Price is approaching our first support, in line with our horizontal pullback support, 127.2% fibonacci extension and 50% fibonacci retracement , where we could see a bounce above this level to our first resistance target.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results