XAUUSD is most liked pair for trading, Will move up now? CPI

The price of the Gold against Dollar play an important role in the field of the forex trading, this technical and fundamental analysis proves that the price of the Gold will move up in two ways which are represented on the Chart. XAUUSD

A. Blue Line XAUUSD
B. Red Line XAUUSD

The Blue line is representing that the Gold price will move up from where the price of the Gold is holding its position and will reach the $2400.00 as the resistance is near $2396. XAUUSD

The Red line represents that the price of the Gold will not directly move up but its looking to take the price of the Gold down near the $2343 support then the the price of the Gold will move up to reach $2400.00. XAUUSD

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