Gold Spot / U.S. Dollar
Long

SMC on $XAUUSD

204
Hello Traders, I’m currently new here to sharing ideas, but I’ve been trading for 7 years now. Here’s my outlook on XAUUSD.

Technical Analysis :
• COS past Daily 2341 Previous High
• Inverted head and Shoulder (4HR)
• Overall Discounted Area

Fundamental Analysis:
• Central Banks are still looking to hold there Gold shares

• Interest Rates Remain the same until December.

Please use this idea for your own due diligence to conduct your own technical and fundamental research.

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