Hi Traders,
The XAUUSD is at truning point level and there is tow possible scenario :
1/ The Gold might retrace to 0.38% fib level to complete the previous impulsive move and fall down to retest the 1320 $ area.
2/ The Gold might retrace back to 1320$.
Trade withe care.
Best Regards
Omar
The XAUUSD is at truning point level and there is tow possible scenario :
1/ The Gold might retrace to 0.38% fib level to complete the previous impulsive move and fall down to retest the 1320 $ area.
2/ The Gold might retrace back to 1320$.
Trade withe care.
Best Regards
Omar