gold has a weekly gap at 1870
and a strong support at 1815
also the macd shows a potential downside of 4-5% based on the above technicals
mentioned
inflation on may rose 0.1% which will strengthen the DXY index , and historically speaking they have an inverse relationship with the gold price.
dollar will be weak gradually and slowly when the inflation records 3% or less
and a strong support at 1815
also the macd shows a potential downside of 4-5% based on the above technicals
mentioned
inflation on may rose 0.1% which will strengthen the DXY index , and historically speaking they have an inverse relationship with the gold price.
dollar will be weak gradually and slowly when the inflation records 3% or less
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