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GOLD REBOUNDS
Gold Spot / U.S. Dollar
Long
GOLD REBOUNDS
By DennisDims
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Updated
Aug 1, 2022
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Jul 23, 2022
Gold made a steep decline dropping to the weekly/monthly support from where it bounced bullishly.
The bullish divergence on technical indicators suggests bullish retracement in the coming week.
We can expect a small drop on Monday before resuming the bullish retracement.
Aug 1, 2022
Trade closed: target reached
Gold
retracement
support
Trend Analysis
DennisDims
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