XAUEUR is Currently on a major support zone that can set next daily swing , as you can see on the chart .
I think if this week we close above 1430 then next week we are going higher .
If you want to know how to enter and when to enter to lower your risks , then join my free telegram channel :-)
Forex Intelligence Group...
The price is holding up at a main fib. level and in a downward wedge formation.
> Upward Trend is intacted
> 21 EMA on the Weekly acting as support
> RSI and Stoch indicating Hidden Bullish Divergence
> Previous resistance of 2012 can act as support or is trying to
> Media\News: Gold is being sort out for risk management due to the fiat...