XAUUSD 18-05-19

Expect a continued push down to L of month TP 1 1266. 100+ pip target. Strong bullish trendline holding at 1276.80-1277.2. Small retracment (upper wick) on weekly to 38.3 fib 1280 zone, 50% of previous daily candle. Break and close above will make the analysis invalid and push gold bullish. Close below will follow analysis. DO NOT PREDIT, REACT. EDUCATIONAL PURPOSES ONLY.