FXKG

GOLD Correction almost over ?

Short
FXKG Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Good day everyone. As you can see, last week we finally got the breakout of the channel. For this reason we knew it was time for some correction and we entered the bearish move. At this point the first target where we could see alot of buy pressure is the 1725 zone. We will give you more updates when the market will open. Be careful since we will have some volatiliy. That is because of the Fed's comment yesterday; "I'm ready to move away from 75 bps increments at the December meeting."


Cheers to many pips this week!
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