Raxiyan

XAUUSD - 12-16 July - Fibonacci overview

Raxiyan Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
1825-1827 looks like a key level. It is both Fib50 of 1903 fall and Fib38 of 1678 rise. If price goes above this level, we will be in a bull market again. However if price goes below 1797 level one more time I expect a strong bear market, it will be a free fall to 1740 then to somewhere between 1720-1724.
Disclaimer: This is not a trading advice, please do your own analysis.
Comment:
Also 200 Day MA at 1828
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