XAUUSD Gold: Bearish Butterfly And TL Retest completed.

As mentioned in our previous XAUUSD analysis, we were expecting a reversal at 1296 $. - see attached Levels to Buy/ Sell analysis -

Gold soars as risk sentiment worsens on weak US-China Data.

Almost the same picture was printed on Yen Strenght ( as presented by FXY ). Yen tested the trend line and reversed. - Safe Haven Asset with Gold -


Levels as described on the chart.