Further uptrend likely in Gold as support holds.
Gold has rebounded strongly from the 1680 support level and based on the price action,
it seems further uptrend is likely.
US dollar is also losing steam across the board and that makes XAU/USD a prime candidate
for further rise in the coming days.
So, I recommend buying the dips with 1830 as the initial target. Bulls might face a minor
resistance at the 1830 level, which if broken will lead to more rise towards 1900.
it seems further uptrend is likely.
US dollar is also losing steam across the board and that makes XAU/USD a prime candidate
for further rise in the coming days.
So, I recommend buying the dips with 1830 as the initial target. Bulls might face a minor
resistance at the 1830 level, which if broken will lead to more rise towards 1900.
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