XAUUSD: 1205 need to be crossed for further upside
This is a pure Chartist analysis. There is no sign of reversal, but GOLD couldn't cross the initial target i.e 1205.
If Eur is being reinforced against USD, this could mechanicaly help XAUUSD to cross 1205 towards 1212 but on a 1H chart, it looks as if there was a "fatigue" among the buyers. Let's wait and see
If Eur is being reinforced against USD, this could mechanicaly help XAUUSD to cross 1205 towards 1212 but on a 1H chart, it looks as if there was a "fatigue" among the buyers. Let's wait and see
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