Mrfx85

Bullish Reversal Incoming Retest $1900

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold has rallied for the last two weeks. We have come back into a major level in price ay $2,000 an ounce. I think we will see some market correction coming int this price with a significant amount of selling pressure. We had our pervious weekly fall from this area and have returned to retest. Had a previous weekly head and shoulders from this area on our last sell off. There was also a gap of around $1100's from $1839-$1850 that we could see Gold coming back to revisit. If I get any significant selling signal from these highs I'll be looking to sell.
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