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#GOLD #XAUUSD Is Back Down Post Fake BreakOut Predicted On May 8

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Traders, a lot of traders and investors have been tricked by media into bull scenario of gold. It created a Major bull trap. Here are few of my analysis from early may predicting this sort of thing.
Fibonacci confluence based set up is winning as most of of the time.





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Disclaimer:
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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