Most of the chances are that Gold will go up, the price is consolidating between 1720-1750 Area. A break and a close below 1720 will confirm a downward continuation trend, from there might go to 1705 and than 1680. And most of the chances are that the price will break above 1750, and the continuation of upside trend. First Tp 1765, and second Tp 1800. Recently Gold has been indicated by news, which mean correlation with DXY is high,which might be a cause for Gold to move on our two scenarios.
Trade at your own risk! This is only an idea!
Trade at your own risk! This is only an idea!