XAU/USD (Forex)
STATUS : UPTREND
XAU broke out of its bearish pattern around 4,200-4,300. The price has now returned to its sideways range between 4,300 and 4,400. The average market purchase price for the macro period is 3,900 USD/t.oz. Global institutions are holding their positions at 1,500-2,000 USD/t.oz.