Gold (xau/usd) testing 50% fibo. retracement

Below is my technical analysis for Gold (xau/usd) on dec. 24 ,2018:

Gold rallied more than 50$ during the last month of trading. The precious metal is currently trading at 1267$ which is 50% retracment fibonnnaci area (the fall from 1350$ to 1160$).

This area might provide bears good reason to short Gold at current area (1267$)with target around 1235$ area.

Also , on RSI indicator , gold (xau/usd) is approaching over bought levels.

Feel free to share your ideas regarding gold in medium and short term period.

Usd recovering against the board

The dollar has been regaining some strength since friday noon. Usdjpy has recovered 100 pips from 107.30¥ ...the pair might face some tough resistance at current area, however i think we might be heading towards 110.80¥ soon. Resistance area can be found at 108.40 followed by very tough resistance at 108.80¥. If broken , we will have clear way to break the medium term downtrend andstart building new bullish trend targeting a break above 115¥ in the medium term. I am on the side of that reversal scenario unless we see a decisive break below 106¥ on daily or weekly close.

BDC/BTC target and resistance levels

#Dbcbtc is targeting 0.0000001730 btc. It is starting to build up a bullish trend on small time frames. It will be a challenging area to break given the bearish trendline as well. Deepbrainchain is one of solid crypto projects that have a good profitable future. #Investincrypto

Ripple consolidating before break out

Ripple (XRP) is currently consolidating against USD before breaking out within the coming 48 hours. Next resistance lies at 1.25$ while next support lies at 1.120$. Ripple is currently trading at support and you can buy with tight exit with target around 2.30$ , first profit taking around 1.84$ if we break out of the wedge to the upside.

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