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Gold is Correcting, Not Reversing. Here’s Why

Gold is Correcting, Not Reversing. Here’s Why
The US dollar has risen for the 6th consecutive session, weighing on gold. However, this corrective pullback now highlights gold’s internal strength. Over the last week, gold fell 1.2% to $1953, erasing the rally of the 18th. However, longer declines than gains point to buyers on the downside. It’s also worth noting that the dollar […] The post Gold is Correcting, Not Reversing. Here’s Why appeared first on Action Forex... Read More
Posted: Jul 25 2023, 14:30
Author Name: actionforex
Views: 080881

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