XAUUSD Daily - Temporary Retrace then Bearish
With this pair oversold, I think the next logical move is for price to move up to the 1175 area.
That area is where 2 of the most significant Fibonacci Retracement levels line up, along with the price action level in white. From there, price will continue to fall, to at least 1122, and then to the mid 1000s
That area is where 2 of the most significant Fibonacci Retracement levels line up, along with the price action level in white. From there, price will continue to fall, to at least 1122, and then to the mid 1000s
