Lets see the Daily chart for XAUUSD / GOLD.
Here we can see the Down Trend is still there. With the price cannot move higher then the previous Higher High.
So my view is the Price will still go South....
And also the Fundamental is USD getting Stronger due to Tappering.
Here we can see the Down Trend is still there. With the price cannot move higher then the previous Higher High.
So my view is the Price will still go South....
And also the Fundamental is USD getting Stronger due to Tappering.