OANDA:XAUUSD   Gold Spot / U.S. Dollar
• Bear flag breakout last Friday
• Decline from 1806 to 1774.
• Corrects to 38,2% at 1790 then down to 1764, the 50% of the 2020 rally.
• Broke below 200 day moving average.

Ramzi Abou Abdallah, CFTe, CMT

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