Gold prices have bounced from the Fibonacci Retracement levels with strong bullish momentum. The price will resume the bullish trend to target the $3,250 level. Traders who miss long positions will wait for retracement to support level in lower time frame to enter long positions. However, if the price fall below the $2,960 level then the trend will turn bearish. The bearish pressure on silver prices reached the $29.00 – $30.00 area, and there is bounce reactions today. The price has left the $29.00 – $30.00 area now and will target the $31.50 resistance level. In the long-term, we still see the price will move toward ... (full story)