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Investor_Maybach

SHORT TERM RETRACEMENT COMPLETED, UPTREND TO CONTINUE

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Ouro/Dólar Americano (FX_IDC:XAUUSD)  
Investor_Maybach  
FX_IDC:XAUUSD   Ouro/Dólar Americano
Trend Analysis Chart Patterns
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trendanalysis chartpattern
After testing a very strong weekly level in the wake of its 2019 bullish move, a short term retracement seems to have been completed and i expect the BULLS back to drive the price up again to test that rejected weekly level again. If this weekly level get rejected again and hold for the second time then i expect a much deeper dive down to about 38% to 50% retracement..On the flip side if it break then we might be in for some firework in the next couple of months at least. I still expect that level to be rejected again tho..Lets see how it plays out
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