Spot gold may test support at $4,241 per ounce
TradingView says spot gold may test support at $4,241/oz; a break below could open the way toward $4,133. A retracement analysis cites a break below the 50% level at $4,328.
Spot gold TVC:GOLD may test a support at $4,241 per ounce, a break below which could open the way toward $4,133.A retracement analysis on the uptrend from $3,959 reveals a break below the 50% level of $4,328.
The break confirmed an extension of the downtrend to the 61.8% level of $4,241.A projectio…