REVISITING FORECAST FOR XAUUSD
Updated
There can be 2 scenario for the movement of gold depending on kicks from the virus or the bottoming USOIL. Scenario 1 can see the continuation of the climb up to 1700 before a correction. Scenario 2 can see the bounce atearly Fibo retracement and an extension to 127.2% back to the previous bearish marubozu. Possible a strong impuse move downwards afterwards.
Trade closed: target reached
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