XAU/USD - 1130 possible today

١٢ أغسطس ٢٠١٥

Gold bounced @ uptrend-support again and is heading towards 1130. No trade position at this moment, just a follow up of past week's buy. It's not impossible to see the gold go way above 1130 in one shoot, but I think it's more likely to see it bounce back to uptrend-support line and then go straight through the next day.

We'll see. Either way, gold is in 3 week high after a bearish shock and that speaks for itself.