Walid_Aboeldahab

Gold warns of a decline against the rise of the dollar

OANDA:XAUUSD   Gold Spot / U.S. Dollar
It appears that the USD bulls see a positive pre-emptive outlook on the Fed's minutes and employment data this week
The rise of the dollar today indicates an expected control of the buyers, especially with the crossing of the 105 barrier
Gold, by comparison, is still positive today, but a negative candlestick today, with the decline in momentum - divergence - and overbought may herald a decline, even if for a correction, in the direction of $1802.

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