Gold Spot / U.S. Dollar
Short
Updated

GOLD: Possible start of Retracement For a SHORT scenario.

1 273
GOLD reaches the 127.2% Fibonacci Extension from the last AB=CD Swing pattern and the price could have a reversal for a retracement.
Both Stochastic and MACD show divergence and also this can be a clue for a bearish scenario.
Note
snapshot

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