on XAAUUSD we can see major market breaks in upside, also current fundamental saying USD keep loosing value. so im expecting GOLD will reach a new Hight.
Gold very near to major weekly support of last two years. In June 2020 Gold was seen at the levels of USD 1677.70. right now Gold is at USD 1706.70. If Gold closes a week below 1677.70 there is a chance that it can fall to 1659 and 1616. In case of further major rate hikes if we see further weakness in commodities God can go to as low as USD 1568. On the upper...
