#Gold #XAUUSD May Go Up But Only To Come Down Again

Traders, As DXY is expected to a take break GOLD (XAUUSD) may start to move up a bit. This presents us with very good opportunities for both bullish and bearish trades. Long term Gold is expected to fall further but there is a very good FCPzone coming which may push the price upwards. Beware of post fact analysis people and media reports. :) So next week (as it is month end as well) we will be looking for bullish trades (short terms/day trades) and bearish trade set ups for bigger profit targets if Gold moves up in to the upper FCPzone. If the lower FCPZone is broken then we are looking at a huge move down to 1720 levels. But we will have to wait for that.


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Disclaimer:
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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