Gold XAU/USD (If you want to buy in, be patient)

View On XAU/USD (6 Feb 2018)

We are in a healthy UP trend BUT the price has met strong resistant near $1,325 level.
The price had a nice pullback down to $1,314 area.
I personally do not think it has enough strength to break out $1,325-$1,330 regions "easily".

We may decent pull back down. It can go to $1,290 level first before it gets supported.

I am not in the hurry to long, just yet as I prefer it to go in with strong bullish momentum at good support. I will wait patiently to buy in.







DYODD, all the best and read the disclaimer too.
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