OANDA:XAUUSD   Gold Spot / U.S. Dollar
Bears for sure took profit off of our sell setup and analysis for last week. It's very likely that price will come back to the 38.2 level off of the fib we drew on the H4 time frame for another nice ride down to the profit area which is right around 138.2 level to be conservative and for those who are aiming towards the aggressive take profit area, take it all the way to 161.8 level off of the fib.
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