SalemSignals

GOLD XAUUSD

Long
SalemSignals Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
The momentum for gold continues to rise due to the fall of the dollar into the trap of bankruptcy of US banks, and inflation is still strong despite its decline, and this means that there is more interest rate hike, which will make banks suffer more in relation to general economic information, but technically, gold has broken many resistances, which He made the buyers completely control the scene, so 1907 was an important point, and the price broke it, heading to higher numbers, and our goal is as long as we follow this momentum to the 1959-1960 region, although it is far away, but it is very possible.
Trade active:
we targeting 1958-1960 after that we stop trade

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