Ck-Fx

Full Breakdown 1w, 4hr, 1hr

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Ck-Fx Uppdaterad   
FX_IDC:XAUUSD   Guld / USA-dollar
Overview: What we can expect to see here is a potential short term sell following the completion of an AB=CD pattern on the 4hr chart as seen below we have broken to the upside of a descending triangle which shows us bullish momentum is present still. We could see a short term sell off in the resistance area marked before a push back up to re test the highs. Alternatively price could push straight to the downside the fundamentals are mainly at play here still. Levels to watch are marked description is in the picture.
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