Short XAUUSD due to apparent corrective structure
Seems XAUUSD reached the 0.618 retracement of the previous wave down on the daily. Possible corrective structure forming therefore we should be up to a short. Possible target 1205.
Note
Note we bounce off the 0.618 retracement so far.
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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.