End of day analysis for Gold 18-09-2017
Economies.com
2017-09-18 18:21PM UTC
Gold price traded with clear negativity to approach from our waited target at at 1299.20, which represents 38.2% Fibonacci correction level for the last bullish wave, which urges caution from the upcoming trading carefully when reaching it, as breaking it will extend the bearish wave to target 1281.17 areas on the near term basis, while holding against the negative pressure will push the price to regain the main bullish track again.
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