


XAUUSDANALYST
Premiumom a technical perspective, this week's rebound from the 200-period Simple Moving Average (SMA) and the subsequent strength beyond $3,348-3,350 horizontal resistance favors the XAU/USD bulls. This, along with positive oscillators on daily/hourly charts, validates the near-term constructive outlook and should allow the Gold price to climb further towards reclaiming...
gold will complete its 100% profit booking of its previous day upward trajectory or in other ways 50% correction of its 2 days upward rally. we can re enter markets at 3350 levels subject to strong stop loss of 3300 and upward price target of 3450 $ again.
FED interest rate has already fuelled the market that no interest rate on hike! We can see panic in safe heaven search for investments. Gold currently is poised to hike its worth to 3400 minimum with peak spike growth @ 3450$