FX:XAUUSD   Gold Spot / U.S. Dollar
47 1 0
Those who have been waiting a buying opportunity on gold             should continue to wait for a while. We did break MA65 early July but that break didn't last. Now we need to watch what will happen with our MACD in coming weeks. We are still in positive levels but it may not last. If it turns to negative we may see gold             in 1000$. Also need to watch closely what happens in Ukraine and Gaza because it will affect on gold             price.

Huge pressure building up in gold. MA's 200,89,65,50,20 and EMA 10 are all together in the same pile. MACD also close 0 just waiting the big news which will blow this enormous pressure moving. Two options. Huge move up or down.
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