SalemSignals

GOLD XAUUSD

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OANDA:XAUUSD   Ouro/Dólar Americano
We are still in the ascending range and gold is still achieving rising points since breaking the downtrend 1790. This adverse news on the US dollar increases from a decline in inflation and a slowdown in raising interest rates. According to our chart and according to technical analysis, we expect gold to correct to 1897 and perhaps more than this because of speculative portfolios. Who wants to reap a little of its profits, let's wait for the drop in gold, and then continue buying for the purpose of going up

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