Gold broke through the downsloping trendline, I now expect a retest of the former trendline, a test of the 23.6 fib level or one of the recently formed upsloping trendlines. If these levels hold as support there is a big upside potential on this asset.
If you have any comments or feedback on this analysis, feel free to share!
Happy Trading!
If you have any comments or feedback on this analysis, feel free to share!
Happy Trading!