FX_IDC:XAUUSD   Gold / U.S. Dollar
100 3 2
It seems that gold             is going to new highs the next week.
Gold is in a bull run towards $1,500 - $1,530. That´s where we should expect a larger multi month pullback... probably end of the year or spring 2017!
For now it should hold above $1,300 and move soon or later (a decision is imminent until early October..) towards the next minor target $1,415 - $1,430 ... check the slow stochastic on the monthly chart.. its bullish embedded.. the uptrend is locked in.. we will go higher from here.. any short-term move below $1,325 is another chance to add long positions...
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CIKTradingCapital MidasTouchConsulting
Dear sir,
We do not trade based on indicators. We are trading based on market fundamental analysis but mainly on traditional trading patterns as we believe technical analysis can catch insiders into action.
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Isn't it early to move on before Fed's rate decision?
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