OMG chart is showing clearly what happened with XAUUSD after making Bearish Shark in H4 just at the TOP. For me it really worked perfectly last week and gave me good number of pips as well in short entries.
I think Gold has been retraced alot we can Expect a nice bull back here.
As per thumb rule any fallen market should be expected to get pull back not less than 50-80 %.
SO I will Look for Long entry here.
As per FIB retracement tool we can expect pullback until 1602 or 1625 maximum then again it will start falling down....
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