OmarNAMOUCHI

XAUUSD Consolidation (5-3-5) pattern

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
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

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