OANDA:XAUUSD   Gold Spot / U.S. Dollar
AFER XAUUSD REECTING THE 1314 AREA MULTIPLE TIMES THIS WEEK WE COULD SEE FURTHER DOWNSIDE MOMENTUM.
A SIMPLE AB-CD PATTERN FORMATION TOOK PLACE THIS EVENING AFTER LONDON OPEN, I PERSONALLY THINK THIS PAIR WILL FALL TO 1305 AND COULD EVEN RETEST A PHYCOLOGICAL ZONE AT 1300
WE WAIT TILL WE GET SOME PRICE ACTION FOR FURTHER CONFIRMATION....
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