Amir_El_Araby
Short

Gold: Support taken out, AB=CD in progress

FX:XAUUSD   Gold Spot / U.S. Dollar
Chart Setups:

1-Bearish harmonic AB=CD is in play now after clearing 1142.00.
2- A breakout below 1130.00 will accelerate.
3- trend and momentum indicators are negative despite RSI entering oversold regions.
4-Fibonacci projection of 200 % for the BC             leg is at 1053.00.

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