Going Long only if the Fundamentals suggest a weaker Dollar

we will go long on GOLD once it retest the resistance 1293 and the fundamentals suggest a weaker DXY . For now we will remain neutral and set up buy orders.


GOLD remains under pressure because of the strength of the DXY . Ahead of the week, as we await politicical data that seems to add more strength on the dollar. Trump will be annoucing the Fed chair which will either be Taylor, Powel or re-appointment of Yellen as he has not scrapped the possibility of re-instating.