FxWirePro Call Review: Gold nearing key support to test long-term bulls’ resolve

The yellow metal, which has been bearing the brunt of a stronger U.S. dollar and the possibility of higher interest rates from major central banks around the world is heading towards key support areas, breaking which would fundamentally challenge bulls’ resolve including ours, https://www.econotimes.com/FxWirePro-Call-Review-Time-to-go-long-on-gold-1398713

We have urged our readers to go long on Gold, however, a stronger dollar along with President Trump’s ‘peace proposals’ are taking a toll on even the longer-term fundamental outlook.

The chart above clearly shows that the gold is heading to test two key support areas around $1200/troy ounce area and $1120/troy ounce area.  We would urge our readers to carefully monitor these levels and most importantly, the dollar.