AshleyWeyers
Short

GOLD - Short term bounce then back down

FX:XAUUSD   Gold / U.S. Dollar
139 0 0
If the price does not hold below the 4H Kijun, then the next resistance is at 1302 which is the daily Kijun and 50% retracement from the low at 1180 on the daily chart and the bottom of the 4H Kumo.

Short to medium I think the price will target 1155 which is the 61.8% Fibonacci retracement from October 2008.
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