FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
week longs have been liquidated maybe the week shorts will be next. fib retrace from the last wave .382 was at 1446. and the fib retrace from the total move .23 was at 1450. These levels likely to give support for a push to at least 1488 .23 fib retrace. Drew out some channels to give possible trendlines.
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.