cacus

GOLD possible scenarios short and mid term

Long
cacus Mis à jour   
FX:XAUUSD   Or / Dollar Américain
Quick one, using past price behavior.

I see some more room to the upside starting next week, 1374 would be a good target, it will honour harmony from past waves and, remember, Wednesday 31st FED Funds rate decision will be hitting the market. I see a correction starting from there. Check the targets, we might see prices lower up to 1280 levels taking the whole February. Then to return to the main upward trend.
I see a lot of opportunities for reentering the market at lower prices.
Mid term, we could be counting 1400 figures by mid April.

Same fundamentals, watch DXY evolution closely.
Trade fermée: cible de profit atteinte:
BANG!

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