Raeef_Meyer

XAUUSD- Analysis for Gold (Spot)

Short
FXOPEN:XAUUSD   Gold Spot / U.S. Dollar
H4 shows that the market has retested the 61.8 Fib zone and started rejecting. The anticipation is that the ABCD pattern will complete downward to the level marked at the end of the rectangle. The US interest news could influence this but if the news is positive for USD then Gold should be bearish as depicted.
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