As noted in "Gold starts rising again..", Gold returned to the bullish side, stumbled over the last Fibonacci retracement level (61.8%) of the correction from the upper to the lower bullish channel lines then exploded towards the latest highs around 688. If the mentioned highs are surpassed, the upper bullish channel resistance and last year's highs around 730 will be the next targets.
No comments:
Post a Comment