My current assessment of GOLD - that's how I think it will continue. The chart says it all. This is just to share my current view. It is not a trade recommendation. Always use your own mind to decide for yourself. Take care.
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Update 20-Apr-2019: A possibility
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My advice for Gold outlook short-term would be to watch tradingview.com/chart/?symbol=FX_IDC:USDCNY very closely. If USD goes under 6.7 CNY, Gold will take off. Just my opinion.
So far, the fact that Gold did not go significantly below the $1275 mark was, in my view, very important, and testified to several strong long-term supports that exist on this level. IMHO, should it want to test $1255 short-term again, it will most likely rebound. And once it rises above $1288-$1290 it will just take off and fly so fast you can not look. Because: Wave 2, which started on February 20, would be completed - Wave 3 commences...
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Attention! USD/CNY seems to be rolling over. The last time this happened was in August 2018 after which the Gold price surged.
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Gold is taking its time. That's ok, after all it's Gold, not something else. Strong upward trend is unbroken. Maybe just one more correction before taking off:
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