Since March 18 2014, FX:XAUUSD is experiencing a down trend corrective structure, and still in this trend. Since May 05 2015, XAUUSD is going to complete a Cypher Pattern. Coincidentally, the end of Cypher Pattern and the upper of the Corrective Structure are both around 1190. Now the price is around 1155 (50% level of Fibonacci, XA) Buy at 1170 ((61.8% level...
Level to watch: Support 1099.6x, 1087.15, Resistance 1120 and 1149 I am Very Bullish, It will use 1097 to 1100 region as support, for further advance. I am looking at 118.9 to 1120 range and next will be 1140. Yet do not overjoy for bull, we have much overhead resistant to break out.