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Purvee

Gold need more correction to go upside.

Viés de alta
Ouro/Dólar Americano (FOREXCOM:XAUUSD)  
Purvee  
FOREXCOM:XAUUSD   Ouro/Dólar Americano
Trend Analysis Support and Resistance Trend Lines XAUUSD Gold Commodities commoditytrading Forex DXY goldtrading goldusd xauusdlong
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trendanalysis supportandresistance trendline xauusd gold commodities commoditytrading forex dxy goldtrading goldusd xauusdlong
Since the last FOMC meeting, Gold XAUUSD is in 53$ long range. Currently trading between the technical blue resistance and support lines. As long as the Fed keeps the tone of cutting the interest rate, it is quite obvious for gold to spike up. But, from the technical point of view, the price needs correction to start the long run.
My buy orders will be in the green area.
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