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XAU/USD Market Analysis and Trading Tips 6th July 2016

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Emas Semerta / Dolar A.S. (FX:XAUUSD)  
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FX:XAUUSD   Emas Semerta / Dolar A.S.
overview Gold markets rally during course of the xauusdshort XAUUSD xauusdlong xauusd4h xauusdbuy xauusd/xagusd xauusd/dxy xauusdupdates xauusdwave XAUUSD_SPY xauusd1h xauusdtips xauusd(w) XAUUSD xauusdlongterm xauusdsell xauusdsignal
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overview gold markets rally during course of the xauusdshort xauusd xauusdlong xauusd4h xauusdbuy xauusd_xagusd xauusd_dxy xauusdupdates xauusdwave xauusd_spy xauusd1h xauusdtips xauusd(w) xauusd xauusdlongterm xauusdsell xauusdsignal


Overview:
The Gold markets rally during the course of the session on Tuesday to the level of $1370. At this point in time, we strongly believe that market is on its bull rally and ready to go higher. The Gold market sentiment is still positive. The main trend of Gold is bullish on charts and and market is sustaining above the 100 days moving average on its 4 hourly chart. It is having important resistance level at significantly psychological number at the level of $1400 and support level at the level of $1340. On its 4 hourly charts, MACD is sustaining in its positive territory and RSI is sustaining in its buying zone indicating the upcoming bearish trend in the oil prices. On intra day basis one can go for buy on lower level strategy.

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