Gold surges as the US dollar tumbles across the board post-FOMC. On the daily chart, the precious metal is still grinding the demand-turned-supply zone 1950-1995. After a drop below 1915, a tentative breakout has been contained at 1902 along the 20-day SMA. A subsequent rally above 1935 and 1949 indicates that the bulls are still […]

The post XAU/USD Breaks Higher appeared first on Action Forex.