Risk off sentiment will drive the GOLD towards 1950.00
GOLD
As the risk off sentiment kick in safe heaven assets will find major bid. gold has managed to break the 1900.00 level and stalled by the .50 Fibonacci retracement level
And 200 Exponential moving average is also stopped the bullish rally
Buy at .618 Fibonacci level which is comes around 1896.00 and the swing target would be 1944.00 which is the .236 Fibonacci and Point of control area. Stop lose may placed below the 1881.00 level
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As the risk off sentiment kick in safe heaven assets will find major bid. gold has managed to break the 1900.00 level and stalled by the .50 Fibonacci retracement level
And 200 Exponential moving average is also stopped the bullish rally
Buy at .618 Fibonacci level which is comes around 1896.00 and the swing target would be 1944.00 which is the .236 Fibonacci and Point of control area. Stop lose may placed below the 1881.00 level
Give a like if you found useful. And follow our profile
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