The XAUUSD pairing has established a Choch pattern on the H1 timeframe, attaining the 75% level in Fibonacci retracement and the 288 level in Fibonacci extension. If the candles can break the H1 structure, then the bias will change to bearish.
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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.