Goldman Sachs predicts that the US dollar will weaken another 5% during the next 12 months
Comment:
Gold has reach almost 2070. it's has been reach resistance level on 1 Day Ascending Channel. US and China will have special meeting on 15 Ausgust. So, I would say looking for Short opportunities is recommended than buying.
Comment:
Today news Non-farm payroll will have to come out. There will be a significant volatility. Probably will likely a huge pull down.