1403 XAUUSD buyers wont just give up so quickly
Weekly chart is not supporting the idea that GOLD will drop lower lower posiiton than 1280 soon.
So we are only expecting a fibo 618-786 correction from A to B, then probably will rally up again to test 1320 later.
Giving the condition that price of gold drop down beneath 1300 again, this is not a good time to join the buy position again .
Just need time to confirm a support valid on fibo 618-786.
Less is more!
So we are only expecting a fibo 618-786 correction from A to B, then probably will rally up again to test 1320 later.
Giving the condition that price of gold drop down beneath 1300 again, this is not a good time to join the buy position again .
Just need time to confirm a support valid on fibo 618-786.
Less is more!
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