XAUUSD

Frametime Daily

After having reached 3 tops,
1365.92 ; 1361.57 ; 1365.09

Started this bearish trend since 11.april.2018 with a minimum of 1281.93

Current Range: 1307.62 - 1281.93

The value shows resistance to continue descending, the image of the daily chart is shown as the backbone of a fish, all the candles have shadows

Maybe go down to at 1276.84 - 1263.60 in a last bearish movement

To Trade
Target Bullish: 1317.18
Operate as a channel in the current range 1307.62 - 1281.93
Entry Long: 1263.60

The Macd Weekly shows a Sale, while the daily MACD shows a purchase.







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