XAUUSD Potential Bearish Trade.
You can see that after the the price almost touch the 1893.35 at 0.5 Fibonacci Retracement level, the price keep pushing down passing the 1858.32 at 0.236 Fibonacci Retracement level.
The down trend could touch the 1827.02 at 0 Fibonacci Retracement level, which is also a Fibonacci Retracement level at 0.382 starting from 1957.20 at 0 Fibonacci Retracement level
The down trend could touch the 1827.02 at 0 Fibonacci Retracement level, which is also a Fibonacci Retracement level at 0.382 starting from 1957.20 at 0 Fibonacci Retracement level
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.