some key levels broken in GOLD yesterday - does the Sell off continue today?
what I am seeing on the 1hr chart is a pull back into the Fib level 0.50 - 0.618 as we know 80% of the time a strong directional move will retrace to this level.
But do we break through and go on a bull run or does the sell off continue?
very volatile markets at the market, interested...
with Covid-19 currently I'm being careful trading, reduced my position size
Possible sell set up, depends where the 1 hr candle closes. but I do see some strength coming back in the pound so may see a break