XAUUSD ANALYSIS

PULL BACK STRATEGY

As I mentioned before , if Gold price couldn't form above 1220, we could see a bearish trend to test again the support around 1180-1200. In my opinion , we could short again at price 1222 with FIBONACCI Retrace 50% (OPTION 1) with confirmation, else (Option 2) We can short at FIBONACCI Retrace 61.8% at price 1212 with confirmation. Give me a Like if you think my idea is Awesome;D
xauusdshort

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