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GOLD: Price pullback on 61.8% Fibo and ready to grow - LONG

Long
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
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OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Technical Indicators XAUUSD Gold
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trendanalysis indicator xauusd gold
Gold in retracement after the price broke the Bearish dynamic trendline and has a retest of this in confluence to the 61.8% Fibonacci level. The Stochastic seems ready to drop and the RSI is still on the bearish side but our Bias is for a deep retracement after a strong downtrend and retouching the level of price of 1875.00

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