Yesterday's statement of FED's Yellen gravitated towards the US strengths and how traders and investors should not put great emphasis and overreact on a single report. It appears this brought back some of the investors and the US dollar strengthened.
Chart: XAU/USD D1
That's good to know, thank you.
ReplyDeleteConsolidation continues for the moment.
ReplyDeleteExcellent information to keep in mind.
ReplyDeleteStraight to the point! Congrats!
ReplyDeleteConsolidation with immediate resistance level at 1250.
ReplyDeleteGood post. Very helpful.
ReplyDeleteLooks like profit taking.
ReplyDeleteIt was just the noise in a bullish recover.
ReplyDeleteGreat analysis!
ReplyDelete