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saifullah555

XAUUSD Short Term Retracement is in play

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
saifullah555  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns xauusdshort
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trendanalysis harmonicpatterns chartpattern xauusdshort
Gold overall in Bullish Trend but short term retracement is in play analysis in done on following points.

Bearish Indications:
1) Big Red Candle
2) Retraced from Resistance Level at 2060-2073
3) Triple Top formed
4) Fib 23% & 38% Targets are 1962 & 1896
5) Divergence on RSI & MACD

Bullish Indications:
1) Making Higher Highs
2) AB=CD Pattern Targeting 2150
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