XAUUSD: Short Term Outlook

With rising geopolitical tensions between "Trade Wars" and tension between Iran and US, this should be enough to support Gold Prices...

Seeming to be indecisive after reaching $1,3000 mark dropping to current $1286.825 - this could be in part of upbeat comments with US and China - and with Greenback holding a strong position it seems like Gold isn't ready for a rally.

I'm looking for a retrace to 1291.500 TP before watching for market confirmation or failure of break.


*Not Professional Advice - Would love to hear your view!

- Krecioch