XAUUSD made an upside correction emphasized by the tension in Yemen, the military operation of Saudi's and the sudden increase of WTI.
However, on a 1D basis, there isn't any apparent sign of chnge of trend. I.E gold remain bearish and the upside correction may be very much over. It is over on a 1H chart, but yet not over on a 4H chart.
However, the long term trend rremain 1180 1140 and bellow.
If 1180 is broken, note that the next target may very much be 1140.
However, on a 1D basis, there isn't any apparent sign of chnge of trend. I.E gold remain bearish and the upside correction may be very much over. It is over on a 1H chart, but yet not over on a 4H chart.
However, the long term trend rremain 1180 1140 and bellow.
If 1180 is broken, note that the next target may very much be 1140.
