Retracement to 0.382 or 0.5
If XAUUSD breaks 1265.5 it will likely retrace to 0.38 Fibo wich builds a Cluster with Flag an EMA20. From there we have to see if priceaction will occur or downtrend continues...Livin in a box :)
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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.