Anthony-Ryan

Weak US dollar supports gold prices

Long
Anthony-Ryan Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar

A weak U.S. dollar is supporting gold prices, however, gold prices are now in a technical stretch and may face the risk of a pullback. We need to pay attention to the situation in the Middle East and European and American PMI data.

Gold's overall trend is bullish
Comment:
will rise after correction
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