XAU seems poised to pay 1252 a visit Short

Gold/U.S. DollarFXCM

Description

⋅ Jun 21, 2018 7:49 AM

XAU is certainly following the pattern and the target 1252 is it’s mission before any meaningful rebound. Failing at 1252 would open up weekly 200 ma at 1234.
Good luck with your trades.

Harmonic Patterns

Comments

layman73

⋅ Jun 26, 2018 9:29 AM

As expected Gold is trending lower to test 1252 and I do expect it to bounce there...