TheMoneyMavs

The Future For Gold (XAUUSD)

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Here I've provided my prediction for the future of gold. I do believe the DXY will make a final rally to the upside, making contact with the most recent weekly resistance. Based off the fibs I predict price of XAUUSD to move to the upside next week, maybe even the following week. Hopefully giving us that sweet rejection off the 61.8 fib level. Once I get the break of my 50 EMA I will be entering for the sell and holding until the bottom of the channel we are currently in. Feel free to leave your thoughts and opinions in the comments. XAUUSD

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