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capeque

XAUUSD - POSSIBLE UPWARD RETRACEMENT

Long
Gold Spot / U.S. Dollar (FX_IDC:XAUUSD)  
capeque Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns
0
2
trendanalysis chartpattern
Price might retest the counter trendline before moving further downwards.
Possible re-entry:- 1225
TP1 at the 4H key lvl:- 1242
TP2 at Weekly Res:- 1250
Sl :- 1215

Comment:
TP1 reached as it hit the counter trendline. As of now, price can either go further upward to test the monthly res, or pull back down
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