Gold, as expected, has rebounded again from the fibo line retracement (before the FED announcement was already the 1325 mark, so no room for a break down), and carried its rise during all week.
In the next period we consider as very likely a move up and finally a break of the top channel to reach the 1370 mark.
In the next period we consider as very likely a move up and finally a break of the top channel to reach the 1370 mark.
The 1330 level should provide a valid support, so we are bullish for the short, medium and long terms.