Gold continues to gain as the DXY drops

As the DXY continued to weaken, Gold saw the most benefit as the price climbed steadily to the upside, reaching a high of 1800 which was previously tested in August.

Further upside can be anticipated with the price expected to break above the round number resistance of 1800.

Be aware of higher volatility with the rice expected to continue climbing toward the 1875 key resistance level as the DXY continues to weaken.
commodityDXYFundamental AnalysisGoldTechnical IndicatorsTrend AnalysisUSDXAUXAUUSD

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