XAU/USD has formed a double top! if 1525 and 1530 hold then the weekly support of 1450 will be hit long term. Yield curve and U.S. market has caused price to fluctuate but the bank's are still gold fixing at a lower rate. China has purposed restrictions on gold imports, thus, a need for more banks and institutions to buy more gold. Institutions will not buy at a...
I believe that XAU will increase to about 1510 before continuing the sell off. Tariffs will not be brought up again until Dec. thus causing more assurance in the US market. Adding to sells and will take profit at 1475
