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Gold Spot / U.S. Dollar
Long
Updated

Weak US dollar supports gold prices

245
snapshot

A weak U.S. dollar is supporting gold prices, however, gold prices are now in a technical stretch and may face the risk of a pullback. We need to pay attention to the situation in the Middle East and European and American PMI data.

Gold's overall trend is bullish
Note
will rise after correction
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Anthony-Ryan
Supply and DemandSupport and ResistanceTrend AnalysisXAUUSDxauusdanalysisxauusdlongxauusdupdates

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Supply and DemandSupport and ResistanceTrend AnalysisXAUUSDxauusdanalysisxauusdlongxauusdupdates
Anthony-Ryan

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.