GOLD

19 May 2018

We see a strong Dollar this week which cause the fall of GOLD to a significant fib level 61.8 % and a rejection of TL, as a 3rd touch,also GOLD has been forming a structure for the past days which happen to break at the close of the market, i am looking to see a week DOLLAR this coming week, in order for GOLD to make a retrace of the impulse move she did while falling , and also a third touch of the new TL>, decision will be made if she act according to my view.