XAUUSD Short for one leg lower before resuming upside
Gold just retraced to the 0.5 fib level + touched a previous important trend line and reverted right away.
Let wait a little to see if it doesn't retrace back to higher level...but the propability are in favor of an another leg down from the previous down fall.
Target : 1253
Stop loss: 1303
Let wait a little to see if it doesn't retrace back to higher level...but the propability are in favor of an another leg down from the previous down fall.
Target : 1253
Stop loss: 1303
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