OANDA:XAUUSD   Gold Spot / U.S. Dollar
1. retrace down from here to 1873, 1843 and 1817
2. retest resistance at 1937-1942 then drop to 1862-1868 then 1834-1838
3. break up 1842 go to 1972 then down to retest 1942 then rocket to 2026-2054

TBH it really stressful to think about number 1 and 2 right now... because even previous crisis at 2011 still got proper correction (0.382-0.5 correction)
but this rocket like 0.272 as correction so number 1862-1873 still possible but thinking about 0.382-0.5 without seeing it first really not favourable for trade)

Comments

Nice analyse goodluck my friend
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