xauusdsignal

Gold - daily chart - Pending sell setup at 1315 daily supply with target 1275 and stops above 1325

Gold - weekly chart - I see price respecting the weekly support above 1300 level and this setup correlates well with my dollar analysis so lets roll out all my bulls!!!

XAU/USD soars to 1,259.00 After forming an inverse head and shoulders pattern and bouncing off from the weekly S2 at 1,235.93 the yellow metal managed to advance by 1.23% against the buck. In daily perspective the surge the is expected to last until the rate makes a new rebound either from the 1,263.63 resistance level or from a combination of the 200-day SMA and...