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BullBearMkt
Jul 12, 2020 5:11 AM

Gold Is Still Bullish But A Pullback to 1765 Needed Togo Higher Long

GoldOANDA

Description

Gold has been rallying strongly this year and this has a long term bullish outlook. And with the dollar index making a "bearish golden cross" last week, gold potentially will continue to create new highs. However, more desirable now is for gold to pullback to value before another move to the upside. Selling pressure that ended last week might be a first shot.

N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades
Comments
Trade_them_all_
It’s definitely a pull back this time. I think to open the door for above 1825 it needs a large pull back. 1720 looks a good support for such a bullish move.
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