Gold Analysis On Monthly Timeframe

Gold Analysis On Monthly Timeframe On 01 September 2020 By ForexGuru.Pk

Gold Analysis On Monthly Timeframe – In Monthly Timeframe Gold Made a Direct hit In August 2020 To Its 423.6% Level 2075USD But Closed Below The Target At 1967. Its Closing Is Still Very Far From Its Target And there Is A Good Chance That It Will Stike Again The Level Of 2070 Or 2075. So We Are Looking For Positive Bullish Move To The Upside And It Has Created A Support Level At 1850. So In This Situation We Are Looking For Buy Trades Towards 2070 With A Support Level Of 1850. This Analysis Is Based On Monthly Timeframe And There Could Be A Lot Of Bullish And Barish Trends In Smaller Timeframes Before Hittinng This Target. As Our Followes Know That We Use Fibonacci Retracement A Lot In Our Analysis And By The Grace Of God We Have a 90%+ Success Rate. So We Are Confident That This Analysis Will Also Be Good And Will Give Many Many Green Pips To Its Followers.