XAUUSD 1 HOUR CHART – RETRACEMENT OVER?
As I pointed out yesterday, 2328 = 61.8% of 2303-2328.
The low at 2332 paused above this level so for now treat the move down as a retracement,
To confirm, XAUUSD would need to move back above the 2350 level indicated on this chart (another example of the Power of 50).