GOLD, important step upward!

gold 20.03.

Gold manage to brake 1175/80 in the last two hours and this will be very important to close above. 1190/95 is next target/resistance for the bulls, the previous support from February/March. Could it be reached today? As I wrote last night, gold is moving in the right direction based on the FOMC decision to stay on hold with Interest Rates, but returning of the US dollar, especialy USD/JPY strongly up in the last two days, hold the precious metal on the way up stronger. Despite that, gold is holding very well and keep pushing upwards!

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