Gold buys back up to 1940

٢١ مارس ٢٠٢٢

Gold has recently broken out of downtrend and price has fallen back into the golden zone on the fib retracement tool. The fib tool is used to find a good entry point for the next higher lower/lower high in an uptrend/downtrend. Price fell into consolidation at the 1918-1921 area and has broke out for buys. Entered this trade at 1922 and looking to hold to at least 1936 will hopes that price pushes all the way up to 1940 area.