Gold . XAUUSD .
It seemed like gold had started the bullish cycle once again until we saw the dollar strengthen this week.
As the price is running back in the downward channel, the short scenario seems more likely and we may see another low on Gold into the 1650s.
The alternate scenario ( bullish ) is mentioned below.
Manage risk while trading.
It seemed like gold had started the bullish cycle once again until we saw the dollar strengthen this week.
As the price is running back in the downward channel, the short scenario seems more likely and we may see another low on Gold into the 1650s.
The alternate scenario ( bullish ) is mentioned below.
Manage risk while trading.
