From a ptkt point of view, after a drop of more than 100 prices from 1989 to 1885, gold price has recovered more than 60 prices, reaching fibonacci mark 38.2 according to fibonacci regression, with personal opinion, this price zone is no longer a fibonacci price. Price range to watch to buy again. Trading plan for next week consider waiting to buy around 1915, wait to sell around 1987, accept stop loss at 5 prices for each turn.
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