FX:XAUUSD   Gold Spot / U.S. Dollar
167 2 1
With European QE , a low interest rate, and a High USD against EUR, Gold             may keep a slow upside.
1180 remain the key pivotal point bellow that level, XAUUSD             may go until 1060.
However, the trend line is rather solid.
There may be a consolidation until the trend line that may be used as a support level .
When FEd decide to increase its interest rate, Gold             may increase the momentum of the upside move
what is next level???
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So from 1180 on the upside if 1180 is not broken, then it is above 1280, 1303, 1330, 1385,1402, 1440 and 1485 . On the down side bellow 1180, it's 1140, 1060 and even 960 but I think that bellow 1060 is a little bit of a too much although nothing is too much for the market.
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