XAUUSD - Short term

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I dont anticipate a break of new highs as there is great yearly resistance around the 1736 price. Instead there is high potential for a pullback before prices make new highs. XAUUSD

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ملاحظة

Money Managers: Have significantly increased their long positions over the past week and we anticipate a retest the recent highs of 1764. Should we pass the recent highs then we can look towards a breakout to the upside to the 1800. We will keep a firm eye on how Gold will progress. If we do not break past the resent highs of 1764. there will be a possibility of positions being trimmed down.

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