Technical outlook and ideas for Forex pairs
We have outlooked several promising Forex pairs and the result can surprise you!
Gold got new strength
Information is not investment advice
Trade idea
BUY 1313.60; TP 1322; SL 1310
BUY 1324; TP 1333; SL 1321
The outcome of the Federal Reserve’s meeting was dovish enough to let gold prices soar. XAU/USD closed above March 13 high in the 1311 area. As long as the price stays above this support level, it will be poised to advance to 1322 (61.8% Fibo retracement of the February-March decline). The best opportunity to enter the market will be if XAU/USD revisits lower levels.
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