ASAMForex

MARKET OUTLOOK ON GOLD

Long
SAXO:XAUUSD   Gold Spot / U.S. Dollar
At the current price position, we are looking for long positions today. But the market seems to have been completing the downward move by having at least a single downward push then up. There are two alternate counts that both support the rise in price of the precious metal.

But we are looking for today's CUNSUMER PRICE INDEX NUMBERS at 3:30pm (3hrs GMT) if will corelate with our current market outlook.

For any trading opinions on this, please write in a comment section. THANK YOU.

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