XAUUSD: Monthly analysis

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Technical analysis

Candlestick pattern: Fakey setup

Gold has been break out from strong support fakey setup at 1240. Price should stay below 1240 and likely to retest 1125 before flying to 1600

Fundamental

USD Strength
reuters.com/article/us-usa-trump-dollar-analysis/trump-and-the-u-s-dollar-actions-speak-louder-than-words-idUSKBN1KA2KK
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Beyond Technical AnalysisChart PatternsTrend Analysisxauusdshort

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