FX:XAUUSD   Gold Spot / U.S. Dollar
2
As Price found a RES on 50% Retracment and 261.8 from the
lower break out
that gives high probability that it reached the high were it formed
downtrend from the previous high
there for weill keep the negative look on gold to sell higher with stops over the last high
with targets at 127 fib and 161.8 and 261.8 in extinction

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.