the daily chartist

Gold slicing down

published 1 year ago
XAU/USD Daily

 I've mentioned that the 12.12.2017 bottom may hold and that placing a buy order with SL below the 0.0 Fibo is a good idea. Well, thing changed and as with the major push in USD Yesterday, Gold took some hits and it has fallen under the mentioned FIbo and under 1220. If the movement continues down it will reach 1205 for another determination test for the market's intentions.