DislikedGold on 15 mins is beginning to show resistance levels at 1820.9. Price starting to climb down showing either profit taking or bears coming in. Likely we will get an hourly bearish engulfing candle. Next push down we can look towards 1807, or even lower towards 1800. Should it break 1800, we may see previous levels around 1795 to 1785 come back into play. Trend is still up but it seems that the pullback is here.Ignored
4H still threatening more bearish moves, will have to see how price reacts after this hour's close with a bearish engulfing candle on 4H to see if it commits to further down move.
Assuming 1758.82 to 1821.49 as a full wave's movement, fib retracement of 38.2 lies around 1797.55 while 61.8 lies around 1782.76.
We will still have to break 1807 and 1800 support levels to see further down moves.
A 1 pip gain is better than a 1 pip loss.
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