ApexFX_Pro

Turn off your ADULT MOVIES ;p

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
We can see that price recently respected our resistance level even after a huge push up in the aftermath of the FOMC results which saw the USD weaken after the FED announced there would be no interest rate hikes this year... This was bad news for the USD which caused this bullish run.

Taking all this into account and the forever weakening of the USD and the US economy we can only see further bullish movement, so we are expecting price to smash through this previously strong resistance level and keep pushing up, a break of such a strong level could see price explode again.... tomorrow will be interesting so turn off your adult movies and tune into the charts... they will be just as exciting ;p