Gold XAU/USD ($1,302 will be a good support region)

View On XAU/USD (27 Feb 2018)

There aren't many changes since the time I wrote about Gold. It is in a balanced state.

In The medium-term (3 months to 6 months time horizon) is bullish but as for the short term, I personally do not think it has enough strength to break out $1,325-$1,330 regions "easily".
I am not in the hurry to long. So please wait first.


Look out for Strong support levels such as 1302, 1288, 1280 and most importantly to go in only with bullish momentum (that means wait for a bullish candle to show up)





DYODD, all the best and read the disclaimer too.
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Thank You!



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