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XAU/USD Target Level: 1281.6000

Channel Up identified at 15-May-2019 04:00 UTC. This pattern is still in the process of forming. Possible bearish price movement towards the support 1281.6000 within the next 3 days. Supported by RSI above 60 Chart 4 hourPattern Channel UpLength 53 CandlesIdentified 15-May-2019 04:00 UTC
XAU/USD Target Level: 1281.6000

Channel Up identified at 15-May-2019 04:00 UTC. This pattern is still in the process of forming. Possible bearish price movement towards the support 1281.6000 within the next 3 days. Supported by RSI above 60

Chart 4 hour
Pattern Channel Up
Length 53 Candles
Identified 15-May-2019 04:00 UTC

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Breach of 0.6937 could mean a start of a bearish trend on AUD/USD

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US30 is quickly approaching the support line of a Channel Down. We expect either a breakout through this line or a rebound.

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