Gold Spot / U.S. Dollar

Short

XAUUSD- Possible Sharp Down Trend

Updated

XAUUSD seems will move down with sharp trend. Wave #2 is around 78.6% wave #1 and when moves down , we can see 2 targets:
Target_1: 1216 (100% Wave #1)
Target_2: 1189 (168% Wave #1)

Order cancelled

Seems this down trend is not valid and price likes meet 1278

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