XAUUSD: The fall will continue
For those of you who are following my analysis on a regular basis, you should not be surprised by the situation of GOLD.
I've already written in previous analysis the level of LEvel and the headline goal. Although 1040-1060 is the tricky level of GOLD bellow which the precious metal may fall well bellow 980. But we are not htere yet.
Having said that, the articulation and the choreoghraphy of macro economic news are almost as I 've forseen. Although at present I do not believe that FEd would increase its interest rate by June, en of 3Q15 may be the earliest moment.
For those of you who would like to enter long XAUUSD, I think that it isn't yet the right time.
I've already written in previous analysis the level of LEvel and the headline goal. Although 1040-1060 is the tricky level of GOLD bellow which the precious metal may fall well bellow 980. But we are not htere yet.
Having said that, the articulation and the choreoghraphy of macro economic news are almost as I 've forseen. Although at present I do not believe that FEd would increase its interest rate by June, en of 3Q15 may be the earliest moment.
For those of you who would like to enter long XAUUSD, I think that it isn't yet the right time.
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