Gold Consolidates Above 50% Fibo At 1,134

Discussion in 'Technical Analysis' started by Kaitlin, Oct 7, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    Following massive price changes on Friday, the yellow metal was broadly unchanged in the beginning of a new working week. Gold has therefore secured the positive future outlook, by stabilizing above the 50% Fibonacci retracement of the Aug-Sep downtrend. While this level is reinforced by the 2014 low and weekly[​IMG]

    Continue reading...

Share This Page

free forex signals