XAUUSD - GOLD CURRENT SITUATION
#XAUUSD
According to the analysis we gave to XAUUSS earlier, GOLD went up very fast by BREAKING the TREND LINE, due to which US10Y went down.
We have some very important NEWS coming to USD this week. Among them, CPI DATA and FOMC MEETING are scheduled to be held today for USD. Be sure to keep an eye on it. So we have to wait a bit until we get them.
Anyway, with US10Y DOWN, GOLD is going up a bit now. Anyway, we expect GOLD to go down to 1605 LEVEL. Before that, GOLD can definitely go up to 1701 LEVEL. Be careful..
According to the analysis we gave to XAUUSS earlier, GOLD went up very fast by BREAKING the TREND LINE, due to which US10Y went down.
We have some very important NEWS coming to USD this week. Among them, CPI DATA and FOMC MEETING are scheduled to be held today for USD. Be sure to keep an eye on it. So we have to wait a bit until we get them.
Anyway, with US10Y DOWN, GOLD is going up a bit now. Anyway, we expect GOLD to go down to 1605 LEVEL. Before that, GOLD can definitely go up to 1701 LEVEL. Be careful..
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