BullBearMkt

With Dollar Index Showing Daily Strength Gold May Range/Decline

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
On the daily chart, gold continue its bullish corrections, however with dollar index still showing daily strength, gold price could range or witness a decline to retest its low at 1848 or at worst 1800 in the coming days before higher time frame bullish trend catch up with the metal.

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