Gold_Cartel

XAU/USD Retracement

Long
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
XAU/USD has risen $20 since the government shutdown, it needs a retracement. If 1265-66 could hold, I reckon XAU/USD has the potential to make a new high to 1280s and 1300s zone.
Currently, XAU/USD is still in the BULL territory and above the regression channel.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.