WOuld agree with 1.40s...straight back to support, 1.68ish which is the .618% fib on the weekly being tested for a third time...it's in a down channel and looking to break out to the south...
Break out traders will be shorting around here...if gold can rip, it may turn out to be a false break...trend is your friend and this is an ugly chart and looks better for a short than a long imo
WOuld agree with 1.40s...straight back to support, 1.68ish which...
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