Gold proved strong against the Dollar
that has strong support at 1180 levels. It has supported gold several
times during this month in which the Dollar index has moved to try to
break through important resistance to confirm the rally at 98, but
gold has managed to maintain the strong support level at 1180
Gold moved within a narrow range from
1179 to 1210 during the last period, we did not see any falls or
leaps but very tight trading
The tight trades are always an
indicator of the imminent proximity of a sharp move up or down. We
expect gold to wait for some of the data to start targeting 1235,
which is directly towards 1350, which is considered a break for the
clear trailing position since 2015, to be far away as we try to reach
the 1400 levels which represent A very important psychological level
will continue to hover around it for a month or more before breaking
to test 1200 or continue to rush towards the 1500 summit, which will
occur in the event of the global economy of great concerns either due
to declines in indicators or political fears
In any case, gold is now within the
levels of buying that we may not experience long before
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