XAUUSD is moving into a triangle pattern !
For the time being Gold is bullish for short term --
Target :- 1268 ( 50% Fib lvl ) -- 1286 -- 1317 -- 1360
For the time being Gold is bullish for short term --
Target :- 1268 ( 50% Fib lvl ) -- 1286 -- 1317 -- 1360
Trade active:
On Daily Charts XAUUSD has broken the resistance level 1213 on the upside. So we are long on Gold for targets 1249 within next week by friday 19 and then 1268 lvl further ahead.
Keep an eye in the coming next week on S&P 500 VIX - Closing above 25 today will be a concern for SPX500 ( US Markets ) as it would lead to correction in US Stock Markets.
Keep an eye in the coming next week on S&P 500 VIX - Closing above 25 today will be a concern for SPX500 ( US Markets ) as it would lead to correction in US Stock Markets.
Trade closed: target reached:
