Gold will rise to make corrections

٨ فبراير ٢٠٢١

Let's look at the H4 chart, it looks like gold will make a correction to the price of 1855.19 at the 38.2% Fibonacci Retracement ratio, and after that it will return to a downward trend.

٨ فبراير ٢٠٢١

ملاحظة

On the weekly chart there is also a possibility of strong resistance at the price range 1855.19.

Note: This is just an idea from me, please compare it with your own analysis before opening a position. Thank you.