Fiboman

XAUGBP - BEARISH CYPHER TRADE

FX_IDC:XAUGBP   GOLD / BRITISH POUND
Gold in sterling pounds has formed during the last 4 years a bearish cypher pattern.
Targets of the pattern:
1st target (reached)--->905
The price bounced at 905 price level
2nd target (To be confirmed)--->820
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