Gold XAU/USD (Watch Out On FOMC of Week 18)

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Updated View On XAU/USD (15 Apr 2019)

First: You can go read my previous analysis if you want. I do it weekly on Gold.

Background: In the last analysis, I mentioned that Gold can swing back down to $1276-$1291. It had run its course we are meeting some decent support "finally".
It may well be a beginning of the up move but no one can be so sure about it. Make sure to give a thought for possible further pull down too.

Keep your eye on the FOMC of week 18/2019. This is where the Epi center is going to be.

To conclude, I am still holding my bullish bias with great caution and no aggressive at all.
Attack slowly. We have time.


Target(s): Neutral
1300 (TP1) (Already Hit),
1310 (TP2) (Already Hit),
1320 (TP3)

SHTF: It will use 1274 as strong support. You either hedge it or your SL have to be way lower than the level.



DYODD, all the best and read the disclaimer too.
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Thank You!



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DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
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Updated View On XAU/USD (125

The market made a nice whipping to hunt out traders who put the SL near 1270 region in early week.

We still need to exercise caution as always.

To conclude, I am still holding my bullish bias with great caution and no aggressive at all.

Attack slowly. We have time.


Target(s): Neutral
1300 (TP1) (Already Hit),
1310 (TP2) (Already Hit),
1320 (TP3)

All the best.


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