Gold Spot / U.S. Dollar
Long

XAUUSD H8 - Long Signal

126
We were trading south of that $2000/oz price during recent trade, pulling as low as $1975/oz. Again, upside moves witnessed follow FED outlook, a lot of the pairs we follow and trade revolve around the USD and thus a soft USD means ***USD climb higher.

Still focussed on that $2000/oz support price, the D1 trend is still valid and pointing to the upside, hopefully a healthy correction from 1975 to 2040 sits us in that 2000 region for potential longs.

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