Description
⋅ As mentioned in our previous XAUUSD analysis, we were expecting a reversal at 1296 $. - see attached Levels to Buy/ Sell analysis -
Gold soars as risk sentiment worsens on weak US-China Data.
Almost the same picture was printed on Yen Strenght ( as presented by FXY ). Yen tested the trend line and reversed. - Safe Haven Asset with Gold -
Levels as described on the chart.