ap8forexchange

XAUUSD CFD Weekly - 12 - 16 Oct 2020

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
Technically, price hovering around median line and also breaking above targeting towards completing it cycle at upper line major resistance

Hovewer, it might sideline around median before edge higher this week and gold is moving in lockstep with the US inflation expectations, which have risen back to highs seen in August.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.