This one has recently broken below 38% weekly fib level in Blue and come back up.
What's happening currently? nothing much it's just a fake recovery after a big fall from .75 to .70 level. So either this is an opportunity to sell now or may be with more patience sell this after it reaches to 50% to 61.8% Pink Fibonacci level from 8 hours. Honestly I see this falling way below to 50% Fibonacci level Weekly in Blue. Any alternative path? Please share your opinion. Let's learn together.
CommoditiesForexGBPAUDGoldTrend Analysis

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