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GOLD:BUY From Support Level For A New LONG Setup

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OANDA:XAUUSD   Guld / USA-dollar
GOLD as EUR/USD ( Both Strongly correlated ) take advantage after the bad news released yesterday for the USD with a strong bullish impulse as predicted. Today the Market is in pullback waiting for the release of FOMC Economic Projections, USD FOMC Statement, USD Federal, and the USD FOMC Press Conference. The bias is about a new bullish impulse for the GOLD and a Bearish momentum for all the USD pairs and correlated. Technically GOLD it's inside a Bullish trend and the price today is retesting the support inside the Fibonacci levels of 38.2% and 50%. Today the GOLD value may take again advantage of today continuing with another Long impulse from the support area.
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