CryptoSeraph

GOLD The Metal is under Fire after 1st August Weekly Bar Lower

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
GOLD GOLD The Metal is under Fire after 1st August Weekly Bar Closes Lower as of 5pm Friday commodities close. With the U.S. Dollar looking to continue a Bullish pattern, GOLD has pushed lower all week long. The upcoming week should continue this Bear momentum as GOLD looks to return to July lows @ 1223.20. Current price 1258.40. Bulls will try to stage a resistance, but the previous 6 days of constant rejection of the 1273.20 level is just what the Bears needed to confirm a continuation in the Bear trend market currently pulling GOLD lower. @CryptoSeraph

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