XAUUSD to RETEST 1290 OZ
XAUUSD (GOLD) is looking to continue the consistent series of lower highs and lower lows, and downtrend to minimum 1290 OZ. Multiple higher timeframe Fibonacci algos play into this analysis but were removed for clarity purposes. The bar pattern tool measures a move to 1290 OZ precisely along with a descending counter trendline.
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