Gladium-Norma
Long

XauUsd September Outlook

FX_IDC:XAUUSD   Gold / US-Dollar
We are expecting the yellow metal to continue its uptrend till the last week of September, that's when we can see some sort of sell off coming in.And that would make it a short term top for Gold .Gauging from the speed of up-move the prices could go to the levels between $1360-1380, that's 2-3% rise from current levels.
The severity of selling would have to be seen to anticipate, how long will the downtrend continue and whether it will be a pull-back or change in trend.
We will update when changing dynamics necessitates so.
Watching closely!
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