Retracement to 0.382 or 0.5

OANDA:XAUUSD   Gold Spot / U.S. Dollar
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If XAUUSD             breaks 1265.5 it will likely retrace to 0.38 Fibo wich builds a Cluster with Flag an EMA20. From there we have to see if priceaction will occur or downtrend continues...Livin in a box :)
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