lakp1953

XAUUSD 1H is bearish

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
As i can see, the price moving in an ascending channel has already retraced to 78.6% fibo of the AB swing , and start again in its bearish path to go down again .
This time i believe down movement will continue and will break the lower channel boundary and down to around 2280 ,its next major support area.
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