XAU/USD

Gold/U.S. DollarFXCM

Description

⋅ Feb 12, 2017 5:39 PM

Daily Tf we see a bearish engulf at resistance level. A break out of Trendline on H4.

If the Daily support level is broken we can see a downtrend althought anything is possible and we could also see a potential breakout of the weekly ress level.