Fibo Golden Ratio SnR on XAUUSD

OANDA:XAUUSD   Gold Spot / U.S. Dollar
what can you expect on Gold ?
price is drop heavily from last week and minimum target is 1262
golden ratio support found around @1240 - 1238

sorry for late update, best re short position @1280 - 1276 with first swing target @1239
and second swing target @1210

pay attention to reversal pattern @1239, price might rally again because mid december '17 we can see there is big rally there up to 1280 again
Very good analysis as usual, my friend! :-)
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