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GOLD - Our Analysis Shows Gold At Inflection Point 1833

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Gold bounced up $40 from retracement fans, a specific area where two retracement fans confluenced roughly at 1892. Now gold finds resistances at the old resistance 1833, which is the area where the orange line - 50% retracement fan line resides. Gold must overcome this area 1830-35 to find the next resistance area at 1855-1860, which is also another area where two retracement fans confluence. Failure to get above 1830-1835 can lead gold fall back down to support at 1812 or even further at 1800.
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