Potential long GOLD rebound at 1260

FX:XAUUSD   Gold Spot / U.S. Dollar
91 0
Broke trendline , but is now back again. Looking for a 38,2 fib retracement at 1260.
Comment: Limit order in 1258,80 coz of four things:
1) Fib 38,2
2) low of downgoing trend channel on a 15 min. chart
3) Potential ab=cd
4) former resistance and support in that area
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