FX:XAUUSD   Gold/U.S. Dollar
264 0 0
You can see on the chart: Gold             broke main trend line . This is a very strong trend line . It was test many times. Now Gold             officially break it.
Moreover, resistance zone 1266 is also broken too.

I think traders should wait Gold             escapes Kumo cloud before LONG Gold             to 1343             level.

However, in the long term, I think Gold             will stabilize below 1343             resistance zone . Any decision from FED could affect strongly on Gold             move. Strong Dollar and rally in equity market will hold Gold             price not rally much.

Gold             need to find dynamic to regain its attraction.
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