Fibonacci confluence Gold (Daily chart)
Potential short opportunity for Gold.
Retested previous resistance twice and failed to break.
Target on 0.782 retracement, is also a fib extension from previous pull-backs (1.618 and 1.414).
TP 1) 1286
TP 2) 1264
SL 1312
Retested previous resistance twice and failed to break.
Target on 0.782 retracement, is also a fib extension from previous pull-backs (1.618 and 1.414).
TP 1) 1286
TP 2) 1264
SL 1312
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