XJO, Gold, MOY and others, page-915

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    XAU USD$ Gold

    If a retracement materialises, it could last through to the week of 18 Feb 2019.

    Alternatively we could rally and breakout of the bull flag like pattern.

    upload_2019-1-20_1-6-21.png

    It is hard to say at this point, especially so as equity markets have a change next week as well. it could be risk off and Gold rallies.

    It is actually a major week next week for time cycles on the weekly charts.

    XGD chart on its own looks Bullish pennant continuation pattern and trending moving averages.

    upload_2019-1-20_0-57-36.png
 
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