LONG - RECOVERY BACK ON TO 1760 - REJECTION ON 1HR AND FIB

٢٤ مارس ٢٠٢١

Patiently waited for confirmations from USD forex pairs and commodity news to see a potential recovery to GOLD. This rejection from the 1724s have been confirmed and bounced perfectly off it aswell as the 0.3 FIB. Now I see this recovering to 1760s slowly or quickly depending on news in the next 14 days. We should see main direction within that time frame.
Long term wise, I do see silver corresponding to dollar weakness and so I do see GOLD possibly returning to the 1800's
Stop has been set at 1723. However chances are much more probable to the upside. Like or comment if you agree or disagree.