the5erstrading

Short-term pullback on XAUUSD?

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Had a very strong move yesterday to the downside on gold, which it hasn't really retraced. We have come straight back into a demand zone which may be broken, but not without retracing first in my opinion, how far back do you think it will retrace?

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