Matl101

XAUUSD TO GO UP TONIGHT DURING ASIAN SESSION!

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
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10
Gold is looking to go up in today's Asia session. The stimulus to the stimulus is going to be talked about and most likely passed which will sky rocket all precious metals and dump on USD, so expect dollar to be very weak, unless there will be stalling in the senate etc.

Gold is nicely rejecting multiple retracements on Fibonacci, which is showing promise. However, due to low volume trading, be vigiliant.

Risk on mood tomorrow! Should the extra stim not be taken on, USD will be stronger and there will be risk off mood or another choppy session.

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