KENJICHEN

0131-XAUUSD Analysis.

Long
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar

XAUUSD
FED gave gold strong energy to push up to higher level.
Expectedly we may see gold soaring to challenge highest price last year 1363.
We should keep long strategy for second uptrend to test the strong resistance area around 1323~1326,
if resistance could break, then 1363 will not be far.

1315 will be great transaction price for long, if gold didn't pull back, then focus on the reversal timing at 14:00 for long opportunity.

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