AnbHfund
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XAUUSD: Days Away From Breakout

FX:XAUUSD   黄金/美元
280 4 11
Gold             is just days away from breakout....the only question is what's the trigger !!!
Long XAUUSD             at 1280 for targets 1450 to 1560 !!
Human likes dreaming, But, This will not happen untill gold find a suppurt below 1050.
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Seems like there is limited room on the RSI and MACD for the break out you are looking at unless SPX capitulates or major macro political issues. Drop back to the top of your lower channel seems more likely IMHO. I have a small short in gold at the mo, but waiting for clearer guidance next week.
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Perseus Staxs
@Staxs, Have you looked at the 1 month chart? Tons of room.
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Staxs PRO Perseus
@Perseus, One month charts always have lots of room, even when over sold or bought but I do follow your logic.
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