Gold now is in a descending channel and we expect price may retest the trendline before it continue its down trend
when gold reach to 1780 then it will decide to go further down or not we are watching also DXY for its movement which is key factor in determining of starting gold rally. we believe that DXY will be bearish before its reaching to its final target 120
when gold reach to 1780 then it will decide to go further down or not we are watching also DXY for its movement which is key factor in determining of starting gold rally. we believe that DXY will be bearish before its reaching to its final target 120
- Note :This is my personal opinion , do not take it as financial advise