Hlias

Difficult times for decisions

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Despite the threat of war in the middle east, for today at least gold will probably move technically. From the fundamental side, we only have the retail sales that can somehow move the dollar down and to the benefit of gold. But one new thing for today is that the American president will visit Israel tomorrow, so we don't expect the start of the war between Israel and Hamas, at least for today and tomorrow. This is also the main reason why I believe that gold today will move within normal and technical limits.
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