GOLD:SELL point from 50% Fibonacci Area on Downtrend SHORT
Updated
Yesterday the GOLD over the expectation broke a solid resistance and continue his retracement always inside a bearish channel were now still approaching the Fibonacci levels of 50% and 61.8% which can be a turning point for the price to come back in the direction of the main trend, Downtrend. There are no clues for the price to change the direction of this so will see how the price will react in this area.
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