Gold breaks below the fractal – support at 1251.
Tested 1247.08 MM -1/8 overshoot in H1 Chart. Trying to close above 1251.
1251 is a nice buying level for midterm purposes.
If it can not make H1 closing above 1251, it is likely to test 1242.18 Fibonacci 78.6% of XA Impulse.
We plan to enter LONG as shown in the chart.
Entry Alerts would be sent to Premium Members
DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money
Tested 1247.08 MM -1/8 overshoot in H1 Chart. Trying to close above 1251.
1251 is a nice buying level for midterm purposes.
If it can not make H1 closing above 1251, it is likely to test 1242.18 Fibonacci 78.6% of XA Impulse.
We plan to enter LONG as shown in the chart.
Entry Alerts would be sent to Premium Members
DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money
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