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XAU/USD Target Level: 1277.6514

May 17, 2019 11:10 am

Channel Up has broken through the support line at 16-May-2019 16:00 UTC. Possible bearish price movement forecast for the next 3 days towards 1277.6514. Supported by RSI above 60 Chart 4 hourPattern Channel UpLength 62 CandlesIdentified 16-May-2019 16:00 UTC

XAU/USD Target Level: 1277.6514

Channel Up has broken through the support line at 16-May-2019 16:00 UTC. Possible bearish price movement forecast for the next 3 days towards 1277.6514. Supported by RSI above 60

Chart 4 hour
Pattern Channel Up
Length 62 Candles
Identified 16-May-2019 16:00 UTC

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Global Indices

UK100 – breach of a trending support line that has been tested at least twice before.

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