FxWirePro: AUD/USD Hanging Man Resumes Minor Downtrend, Double Top Prolongs Major Downtrend – Trading & Hedging Setup
FxWirePro: Gold breaks neckline of inverse head and shoulder in futures chart, jump till $1800 likely
FxWirePro: AUD/USD hovers around 21-EMA resistance, eyes RBA monetary policy statement for further impetus
Gold higher after China PMI data
Gold prices rose after mixed manufacturing and services data out of China.
We prefer to take long position on XAU/USD around $1120, stop loss $1108 and target $1132 levels.