TheMuser

Short-term future for gold

FX:XAUUSD   Gold Spot / U.S. Dollar
140 3 5
I think that we will continue to see consolidation in this bull flag until the FOMC meeting.

Thanks
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You mean one more move down to 1305? Or will move up to this way to 1342 and will back to 1323 again before NFP run?
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That is why I placed the question mark. That uptrend line would have to fail for it to return to 1300 or below. My recommendation would be to play it extra safe in this area.
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