Gold (XAU/USD) Technical Outlook by AliForexTalks

[LuckyMac]

Nearing 2 year lows now too. Its really pushing down hard

 

[Swiss_cheese]

I think we will see it turn bullish when the FED pivots back to QE. Might not be too long away, UK already done it. From a technical view, already looking like we are in the buy zone.

 

[LuckyMac]

I think we will see it turn bullish when the FED pivots back to QE. Might not be too long away, UK already done it. From a technical view, already looking like we are in the buy zone.

With the correlation between gold and dxy, dxy defintely needs a correction which could give gold a great push

 

[LuckyMac]

Is there a new update coming soon?