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Aiyuwono

gold is just correction or change the downtrend

Gold Spot / U.S. Dollar (FX:XAUUSD)  
Aiyuwono  
FX:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Technical Indicators
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trendanalysis indicator
if gold close less than 1287 , gold can continued to fibo 0.5=1263, then MA200 and then fibo 0.382
if gold close above MA60=1291, gold can retrace R1=1302, then fibo 0.786=1321,7

look MACD's histogram, today is the 5th day down & candle far away from MA20, usually going up approaching MA20 or break up MA20
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