Gold Spot / U.S. Dollar
Long

Gold next possible move

Hi traders what is your opinion on gold,according to my view gold is very near turning point,it's already touch my support zone once and 8 believe it might touch it again before it climbs,don't be surprised abt fundamental that occurs Thursday it's how the systems works fed cut the rate by 25 bps on Thursday and that decision slow down the rally that was running for atleast 2 days but that doesn't mean the trend changes cz of that giant sell no upsolutely not,market still going to m0ve higher this coming week however for gold it's still under pressure as USD is very much stronger soo,expect slow growth in gold not faster but January 21 gold momentum will kick in again for rally thank you.

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