XAUUSD: Monthly analysis
Technical analysis
Candlestick pattern: Fakey setup
Gold has been break out from strong support fakey setup at 1240. Price should stay below 1240 and likely to retest 1125 before flying to 1600
Fundamental
USD Strength
reuters.com/article/us-usa-trump-dollar-analysis/trump-and-the-u-s-dollar-actions-speak-louder-than-words-idUSKBN1KA2KK
Candlestick pattern: Fakey setup
Gold has been break out from strong support fakey setup at 1240. Price should stay below 1240 and likely to retest 1125 before flying to 1600
Fundamental
USD Strength
reuters.com/article/us-usa-trump-dollar-analysis/trump-and-the-u-s-dollar-actions-speak-louder-than-words-idUSKBN1KA2KK
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