XAUUSD was short on last week to grab some liquidities (Thursday). On Friday, there was a price rejection, not fall down continuation. The price related to red Fibo-ex 1.2 when fall down, therefore, the bounce backwards should be back to the small green Fibo-ex 1.2
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.