As XAUUSD has been floating around the 1490-1500 mark for the past couple of days we can see that the 200 EMA has come in contact and we are waiting upon the restest of this line. this should lead to a drastic bullish or bearish momentum, however, as the recent fundamental news of US and China haven't been very positive we can justify that this shows a weakness in the dollar meaning a substantial rise in the price of gold. As their is fundemental analysis which is coming out at around 1.30 pm GMT this shows perfect timing with the 200 EMA which could mean we are looking for some crazy volatility! Trade at your own risk.