thefreedommatrix

Gold looking bullish - Broken out of 7 year Triangle?

Long
thefreedommatrix Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Dollar dead?
Comment:
We are waiting for a correction down to 1305 before more up but price could also retest the 1296-1300 or even the 1260/longterm triangle support, before more up if Yellen starts up the printing press and buy some more time/Debt ceiling is raised again.
Gold Long is the more likely scenario long term from the price action back through 1260 in relation to the DXY, healthcare, taxreform, debt ceiling, north korea

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