Gold XAUUSD. Correction in Gold down to the 0.382 Fibo Retracement seems to be over. Gold is now back on the rise and is likely to have another go at the 2K level. If Gold takes out last week’s peak at around 2,010 all-time high levels around 2,075 could be reached in a couple of weeks. Previous all-time high around 2,075 is within few dollars of the 1.764 Fibonacci projection at 2,078 of the Q1 correction. RSI on daily time period is positive with no divergence supporting the bullish outlook. For Gold to reverse the uptrend short-term a close below 1,934 would be needed. However, that would likely just cause a ... (full story)