The potential of GOLD to reach buyer's price area at 1290 is really high but we have to pay attention right now than ever before because the pression of sellers is perfectly hight and seem determinate to push the price down for a neutral result. The Friday 28 December, the fight between Sellers and Buyers make the price in ranging trend during 8 hours OMG due to USD's strength !! before buyers break the 1279 resistance trying to reach 1282 and last price 1290.
We know that most of the investors in Wall Street want to exchange their USD to GOLD making the price of this last higher every day.
The American politic rate hike can be reduced according to Bloomberg and will make the USD currency so strong in the market for a balance due to the price of oil remaining really cheap and can be up aggressively because the price can go towards $47 - $48
If you buy GOLD is important to use small SL
Buy GOLD
Currently Price: 1280.97
TP targeted 1282 - 1290
SL: -30pips max
Give your opinion !
We know that most of the investors in Wall Street want to exchange their USD to GOLD making the price of this last higher every day.
The American politic rate hike can be reduced according to Bloomberg and will make the USD currency so strong in the market for a balance due to the price of oil remaining really cheap and can be up aggressively because the price can go towards $47 - $48
If you buy GOLD is important to use small SL
Buy GOLD
Currently Price: 1280.97
TP targeted 1282 - 1290
SL: -30pips max
Give your opinion !
