Ciao Traders !
the are, and more precisely the red line in between is the 0.618 retracement of the downward wave
it has also other Fibonacci confluence
let me know what you think below
Happy trading to all !
Disclaimer:
This is not financial or investment advice
I am not a professional in the financial or investment fields
This analysis is just for entertainment purposes
Do not follow what I do or do it at your own risk
GOLD Requires attention! For short attention spam readers :-p