daytradersfx

Possibly the most KEY level in gold in recent years!

FX:XAUUSD   Gold Spot / U.S. Dollar
$1,180 in gold             is super important, it's now a triple bottom and a break gives a potential run down to the long term 50% fib down at $1,085/$1,050 level. However if this level holds it could represent a major support and turning point for a rally up into the $1,400's and above. This should also trickle over to the USD pairs, especially EURUSD             , AUDUSD             , NZDUSD             , USDCHF             .
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