GOLD , Correction to broken trend
Gold is corrected due the behavior of the dollar. but affects the price of gold
The dollar index consolidated below 102.6 for a long time and it was logical to realize,
that the market was unable to go up until the fed commented again
The support area may push price away as price heads towards a crossover area that has strength in the market.the market broken downtrend line and a liquidity area .I look for a fake breakout of the support level and upward move. If the failed to hold the price, it can go lower to 2037-2033
The dollar index consolidated below 102.6 for a long time and it was logical to realize,
that the market was unable to go up until the fed commented again
The support area may push price away as price heads towards a crossover area that has strength in the market.the market broken downtrend line and a liquidity area .I look for a fake breakout of the support level and upward move. If the failed to hold the price, it can go lower to 2037-2033
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