The US dollar is strengthening across the board and as a result we will see the price of gold facing downwards pressure.
Over the next week we have Non Farm Payroll, Unemployment, Manufacturing, and Earnings numbers. If data comes out strong we can expect Gold to maintain its bearish price action.
Selling pressure continues below 2368.62 as this is the previous high.
Over the next week we have Non Farm Payroll, Unemployment, Manufacturing, and Earnings numbers. If data comes out strong we can expect Gold to maintain its bearish price action.
Selling pressure continues below 2368.62 as this is the previous high.
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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.