Parity XAU / USD (Gold) yesterday confirmed a return above the 1720 points giving a buy signal.
The course continues to evolve in line strength of its long-term uptrend channel (brown lines on the graph - see long-term analysis).
The indicators are somewhat mixed.
We maintain to trade only long positions that the course will be located above 1720 points.
A break of 1750 points and then offer up a new buy signal for a bullish extended to 1800 points.
In case of return of the course under the 1720 points, so we'll wait for an out of 1700 pointsto advise incoming / not treat more short positions in parity.
The course continues to evolve in line strength of its long-term uptrend channel (brown lines on the graph - see long-term analysis).
The indicators are somewhat mixed.
We maintain to trade only long positions that the course will be located above 1720 points.
A break of 1750 points and then offer up a new buy signal for a bullish extended to 1800 points.
In case of return of the course under the 1720 points, so we'll wait for an out of 1700 pointsto advise incoming / not treat more short positions in parity.
