JaysMart

XAU/USD FIBO ANALYSIS

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
The pair likely start correction down.

On H4 chart, the price continues growing from the region of 1308.20 (0.382% correction) and is heading towards July highs in the region of 1375.44 (0% ), but these levels unlikely to be reached. A strong growth would only continue only in case of price consolidation above the level of 1375.44.
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