IDEA XAUUSD - PRICE CORRECTION
XAUUSD
We expect a price correction, up to the area marked in the image (1892 approx.).
It would coincide with a 50% fibonacci retracement, and with the break of the support.
The price of the xauusd, has dropped about 300 pips, so it is now playing a small correction before continuing to decline.
We expect a price correction, up to the area marked in the image (1892 approx.).
It would coincide with a 50% fibonacci retracement, and with the break of the support.
The price of the xauusd, has dropped about 300 pips, so it is now playing a small correction before continuing to decline.