Gold Could Continue Uptrend with Dollar Weakness

2022年11月13日

As you might have saw the dollar got crushed last week. Could easily see its relative comparison on DXY was it noise dived! Gold remains in a bullish trend bottoming out for now in the 1600s early. Now I do see pullback as it continues the bullish channel for now. As long as these trend lines hold and inflation shows signs of being controlled we could keep going up from here even to 1850 this month. Breaks in this channel could see gold fall a lot more. But if you are a bull so far so good for now.