XAUUSD SHORT DAILY ANALYSIS
Gold brakes the triangle with a large and solid red candle, showing us a downtrend.
Right now, we are at 50% Fibo retracement of that drop, expecting to continue all the way down.
I'm expecting February and March to be bearish candlesticks as well, which would position us at 1800-1700 price.
Right now, we are at 50% Fibo retracement of that drop, expecting to continue all the way down.
I'm expecting February and March to be bearish candlesticks as well, which would position us at 1800-1700 price.
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