XAU/USD Daily Update (12 July 2017) * It is time for a swing UP

A "one" day SELL Down that we had from 1228 to 1210 is a fake to me.

I am BEAR in term of mid and longer term but it is very possible for it to swing back to 1228 at least.

As I am seeing this a sell down was overstretched and it is time for it swing back as a breather.

More over, we have Yellen to appear not once but twice this week, Gold will be under spot light.

Trade Safe,

s0nic