SonicDeejay

Gold (XAU/USD) daily Update (13/8/17) *Bull with Caution

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OANDA:XAUUSD   黃金現貨 / 美元
Did you follow our on-the-dot bullish call on Gold?


I am still Bullish.
Bulls are still winning and it is likely to carry over.
FOMC of the next week will carry impact on the pair. Just one thing to take note is we are approaching important resistant level of 1292 to 1296 region.
It may take a while but sooner or later the level will be broken.

For any pull back, 1283 and 1270 area will be nice support regions to launch with bullish positions.

Bitcoin is exploding and Gold has much catch up to do.

Trade Safe,

S0nic


Disclaimer :
This analysis not include personal feeling/opinion, and pure base on technical analysis
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.

please inform me with post a comment if it reach some critical point/break pattern, reach target/reach stop level.
or if there is any question about this analysis/need new update.
Because im not monitoring this chart all time.

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