USD PPI news today at 1:30pm BST+1 which means Gold will be more volatile than normal, as it's also a friday price tends to move a bit more unpredictably, however taking trades with a small risk 0.5% or below of portfolio these are good setups with the correct price management strategies.
Xau/Usd just made a breakout of a 4h trendline. It's above it and is rejecting it consistently. This is showing us that gold is ready to move up, and is going to break out soon. Buyers are in the market since 1700 level, rejection of the 1730-1740 area already occurred. Now seeing what indicators say they do confirm that we are entering a really strong and...