February 26, 2019 11:55 am est
by Elisa Perry, Contributor Market Analyst Writer

 

Gold once again retesting 50% Fibonacci retracement, The Fibonacci retracement analysis revealed that the 50% level is support at 1324 and 38.2% level is support at 1319.

So, we can expect and a buy entry if price print an bull sign. Trade safely follow money management rules because of money often costs too much.

 
 

5i0% Fibonacci Retracement Gold Chart 02/26/2019 illustration

Gold Chart February 26 2019