Product: XAU/USD Prediction: Increase Fundamental Analysis: After mildly lower inflation and weaker advance GDP for the first quarter in the USA, there are some signs that the economy is cooling off. The dollar has taken a hit from recent releases in most of its pairs while gold has returned close to all-time highs. Although headline inflation in the USA had been higher than the consensus for many months, that scenario seemed less likely for April’s release due to the unexpectedly lower result from the NFP. April’s NFP missed the consensus by about 70,000, which is significant in itself but also important because it breaks the long trend of positive surprises. Technical Analysis: 12 April’s intraday high around $2,430 is a likely resistance in the short term. A breakout above there would probably open the door to more gains. We can look for price to retrace back down around the range and the fibonacci level of 0.5 @ $2356.447 to look for an entry to the highs #IncomeOpportunity #broker #increaseincome #financialfreedom #trader #forexanalysis #marketanalysis #successfulcareer #forex #gold #cryptocurrency #shares #indices #financialbenefits #fbs #XM #octafx #tickmill #Exness #KVB#