FX:XAUUSD   Gold Spot / U.S. Dollar
6
Despite a nice PA since 1070$, Gold's retracement from 1170 @1100 is too "heavy" and a retest of 1070 seems to be market's wish.
Moreover, the FOMC candle has been totally flushed.

I expect that 1072$ or 1045$ before buying with at least 1285$ as target.

Related Ideas

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.