Gold sell confirm signal
Our Technical Confluence indicator suggests the sluggish recovery of the Gold Price even as it recently poked the mid-tier resistance confluence surrounding $1,895 comprising Fibonacci 38.2% on one day, 100-HMA and the middle band of the Bollinger on the hourly chart.
However, a convergence of the Fibonacci 38.2% on one-week and the upper band of the Bollinger on the four-hour (4H) play prods the immediate upside of the Gold Price near the $1,900 round figure.
Gold sell 1901
Target 1897
Target. 1893
Target 1885
Sl. 1912
However, a convergence of the Fibonacci 38.2% on one-week and the upper band of the Bollinger on the four-hour (4H) play prods the immediate upside of the Gold Price near the $1,900 round figure.
Gold sell 1901
Target 1897
Target. 1893
Target 1885
Sl. 1912
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