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GOLDGRAM
Feb 22, 2019 8:25 AM

XAUUSD four Bull Engulfing reversal in one our chart. 

GoldOANDA

Description

Gold costs were minimal changed on Friday in Asia as brokers gauged the most recent positive exchange news and a lot of frail U.S. information.
Gold Futures exchanged close level at $1,328.15 per
The metal dropped almost $20 on Thursday as the U.S., China gained ground on talking about an economic agreement.
Gold costs were likewise under strain this week after minutes from the Fed's January approach meeting demonstrated there may be a rate climb this year. Higher financing costs lessen speculator enthusiasm for non-yielding bullion.
The U.S. dollar list last exchanged at $96.472, up 0.01%.

Technical analysis , Relative strength index near at over sold territory at 40.36 offering a strong rebound with the resistance level
upto $1,330. If R1 will be break there will be a bull continuation back to $1,340 Level.




Comments
Iskandarglenn
TY Nice chart and explanation
cheers
GOLDGRAM
@Iskandarglenn, welcome :)
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