GOLD can retest the 2k 🦐

٢٢ مارس ٢٠٢٣

Gold after our previous analysis tested as expected the 2000 level (link below).
The weekly resistance rejected the uptrend move and the price moved to the 0.618 Fibonacci retracement over a previous resistance now turned support.

The main outlook remains anyway bulloush and we can look for a possible inversion over the 0.618.
We will monitor the price in the next hours and wait for the upcoming news and IF the market will break above the 0.5 level i will consider a long order according to the Planctonìs strategy rules.

٢٢ مارس ٢٠٢٣

ملاحظة

consolidation over the 0.618 Fibonacci

٢٣ مارس ٢٠٢٣

ملاحظة

very close once again to the 2k

٢٨ مارس ٢٠٢٣

ملاحظة

perfect test of the 50% and price still looks bullish

٢٩ مارس ٢٠٢٣

ملاحظة

the market bounce over the 50% and is now testing the 0.382 Fibonacci

٣٠ مارس ٢٠٢٣

ملاحظة

rising lows indicates a bullish price action

٣ أبريل ٢٠٢٣

ملاحظة

possible 2k breakout soon

٤ أبريل ٢٠٢٣

ملاحظة

still testing the resistance area

٤ أبريل ٢٠٢٣

ملاحظة

breaking now

٥ أبريل ٢٠٢٣

ملاحظة

new recent high

٦ أبريل ٢٠٢٣

ملاحظة

retest of the support

١٣ أبريل ٢٠٢٣

ملاحظة

2041 is a new recent high