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PATOJAPE

XAUUSD for sell

Short
Gold Spot / U.S. Dollar (FX:XAUUSD)  
PATOJAPE  
FX:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators pullback
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trendanalysis chartpattern indicator pullback
The Price bounce back from a strong resistance and it has already shifted the trend. It has made a pullback in .038 to 0.23 of fibo level so we are expecting the Price to continue its downwards trend.
We should take profits in level .61 of fibo
RSI and MACD divergence is shown in the graph.

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