❇ ️ Gold Analysis
Gold down from significant areas of supply and resistance, That's after Powell's positive remarks about the dollar.
Technically,
Gold is still on an upside trend.
And now gold is starting to bounce back from 50 Fibo.
And about to do a false break of support areas.
In case of closure, 38 Fibo highs and near 33 gold levels
It's expected.
To see the rise of gold again may reach the established levels on the chart.
Technical scenario fails in the case of boarding and closing on top of 38 Fibo by returning again and closing down the 50 Fibo as defined by Chart.
