Since gold is in such an uptrend i think it will test this 0,786 fib, if it breaks i think the trend might reverse if this happens it might rally to the 1.618 fib.
If the supp holds, it will retest the previous jump to the 1250 level.
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Sem_de_MM
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Made a slight pullback, entered long @ 1239,5
Sem_de_MM
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Broke support of 78.6, might be testing 1236,5 now