XAUUSD 18-05-19
Expect a continued push down to L of month TP 1 1266. 100+ pip target. Strong bullish trendline holding at 1276.80-1277.2. Small retracment (upper wick) on weekly to 38.3 fib 1280 zone, 50% of previous daily candle. Break and close above will make the analysis invalid and push gold bullish. Close below will follow analysis. DO NOT PREDIT, REACT. EDUCATIONAL PURPOSES ONLY.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.