GoldmanBucks

Structure approves structure

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
After some nice moves this week in the Gold and equity markets it shows some more potential for rising.

I would watch out for the Draghi speak and the possible breakdown of the equity markets after overextended January bull market.

After the last 2 targets which I posted last weekend completely hit the next target is the
next previous structure around 1300-1315.

The RSI and BB are a bit stressed and therefore a small correction is likely.
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