wilhelmvine21

XAUUSD Potential Bearish Trade.

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
You can see that after the the price almost touch the 1893.35 at 0.5 Fibonacci Retracement level, the price keep pushing down passing the 1858.32 at 0.236 Fibonacci Retracement level.

The down trend could touch the 1827.02 at 0 Fibonacci Retracement level, which is also a Fibonacci Retracement level at 0.382 starting from 1957.20 at 0 Fibonacci Retracement level
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