Gold Eyes Higher Levels Amid Dollar Strength: Will Support Hold?

Gold prices have moved higher from the 2600 to 2631 range, but with the dollar performing well this week, the risk to gold prices remains. A revisit of the support area is possible. The upward trend is likely to continue above 2600, with traders potentially targeting 2676, followed by 2700.


This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.