XAU/USD Fibonacci Levels Target 1572

XAU/USD Fibonacci Retracement Levels :


Gold Fibonnacci
Gold

Gold rally started from 1465 to 1554. 38.2% retracement of this rally at 1520.40 and taken support at 38.2% Fibonacci levels.

XAU/USD Fibonacci Extention Levels :


XAU/USD Fibonnacci
XAU/USD Fibonnacci 


Now further Extention of Gold 161.8% is at 1572. So target around 1572.

Note : This analysis is Nullified if Gold Close below 1515

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