ptienne16

GOLD LONG AFTER PULLBACK

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
I see a triangle, big breakout happened sooner after leaving the triangle. Continuation on the long term. Fibonacci retracement was at 0.782 for the downtrend, it was broken, meaning a probability of reversing the trend which was downtrend. 0.782 now acts as a support.
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