Gold Spot / U.S. Dollar

Long

Gold 61.8% Retrace - Higher Low in Place?

Gold reversed sharply higher in July. The rally is impulsive. The pullback retraced exactly 61.8% of the decline. Put all of this in a petri dish and you get a bullish 'look'. I like gold higher. - Jamie

Director of Technical Research at Krilogy, author Sentiment in the Forex Market

Twitter: twitter.com/jamiesaettele
Website: krilogy.com/

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