Market OutLook

Gold leads the way as we mentioned.
As we mentioned earlier in our Charts, If you scroll down.
You can see the movements as we Analyzed.
However, we feel more USD weakness to come.
Which shall see more Push to GOLD.

Market isnt making the price go Sky upwards, its slowly slowly building support as we see.
If we recap,
We saw a nice momentum developing yesterday.
And as we see for the day, it looks price to move upwards.

For today we also have Intial Jobless Claims, continuing Claims coming in for US Economic Data coming out at 12:30 GMT.

Traders can enter now, and be in market, if market pushes down, grab it by reversing your position. Or they can await for the US Data at 12:30 GMT
However, current Outlook for the market at around 7:00 GMT we feel USD weakness and more to come.

As we mentioned yesterday RE: EUR/USD and USD/JPY pairs.
We saw a nice movement, as per the direction we analyzed.


Shall Advice further on further Outlooks.