FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
The price in getting close to 50 EMA on 4H chart (and 200 EMA on 1H). I believe the gold will follow the long term a bounce higher. The reason for this is not only the fact that the trend is still so strong (no divergence on stoch oscilator) but also (and mainly) the fundamental geopolitical situation risks regarding the Korean peninsula.
Trade closed: target reached