Long XAUUSD

Oct 18, 2017

XAUUSD the pair fall after US Fed rumor to hike rates in December, The dollar was supported by reports that President Donald Trump was favoring a monetary policy hawk as the next head of the U.S. Federal Reserve, as technically the pair trading on the 50% retracement, under the trend range , we can see a rally before going to fall to test 1298/1304. Today we will get the opportunity to react to the reports on Building Permits and Housing Starts. The Fed will release its Beige Book and the government will release the Federal Budget Balance.

BUY XAUUSD

@1283.50/1280

Target: 1296/1300
Stop loss: 1276

gud luck !

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