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Gold_Cartel
Dec 24, 2018 10:19 PM

XAU/USD - Gold Is Still a Safe Haven in a Political uncertainty Long

GOLD / U.S. DOLLARICE

Description

From my previous analysis in Tradingview, The BUY signal activated at 1255. The next potential target 1288 and 1309.

PS: If Trump end the Government Shutdown, I will sell XAUUSD for $20-$40 drop.

Comment

Gold Is Still a Safe Haven in a Political uncertainty, We remain in the rally and a strong bullish momentum

Based on the daily chart, it broke the upper line of the regression channel (1260 zone), but technically there's 1 more resistance at 1270 that needs to break. If it is able to breach that "last" resistance, I reckon XAU/USD potential to visit 1288 and 1305 zone.

When Trump ends the Government Shutdown, I'm expecting XAUUSD will fall $20 to $30.
Comments
lehlogonolo
"When Trump ends the Government Shutdown, I'm expecting XAUUSD will fall $20 to $30@ haha nice one,
So meanwhile we Buy
When Trump ends the Government Shutdown, I'm expecting XAUUSD will fall $20 to $30
lehlogonolo
Gold_Cartel
@lehlogonolo, Nice chart !
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