Gold Spot / U.S. Dollar
Long

XAUUSD DEC 26 2016 D1 Chart

Gold should go up.
-RSI this indicator is between the 30 and the 20 level which shows that this pair is oversold.
-MACD this indicator shows that this pair should reverse soon. We can see many cross-over in this indicator.
-Fibonacci: Should go up until the 0.5 fib level (strong resistance level)

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