OANDA:XAUUSD   Gold Spot / U.S. Dollar
if we bounce off this 0.272 from the massive COVID rebound,
the next fib extension is 1913.
But if we break under fib (1860), a retest of 1800 is needed.

That is what I believe the way to approach your trade decision.

Comments

Finally, changed your view from short to go long.
Reply
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