Short on XAU USD

Base on Fibonacci and wave theory, XAU USD reached a critical height of 61,8% retracement.

It as also reached the line the past major summit trend line and the past major bottom trend line.

Furthermore, it as reaches a critical past resistance ( The bigger blue line ).

Due to these multiple factors together, I believe XAU USD should go short.

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Leave a comment if you disagree or have any question!
FibonacciGoldresitancewaveXAUUSD

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