JoeChampion

XAUUSD ANALYSIS

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OANDA:XAUUSD   Ouro/Dólar Americano
Hey traders, above is an overview on gold and the most important zones to watch, we have a lot of criteria that indicates that gold is on a bullish momentum, first of all we have a bullish AUD that correlates positively with gold, Secondly as you should know Gold and USD have a negative correlation together, and USD is still performing bearish due to the Ukraine's matter so more weakness on USD must push Gold more up in the medium term at least above 1900s zones. then we can expect some potential Pullback arond 1915 zone..
i hope you to trade safe especially with all the environment of currencies with Ukraine's situation, Joe.

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