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Post# of 19856
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gfp927z

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gfp927z

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Friday, 09/25/2020 1:27:37 PM

Friday, September 25, 2020 1:27:37 PM

Post# of 19856
With the dollar rebounding, gold still looks vulnerable to more downside in the near term.

Based on the charts, the dollar looks like it could rebound to 96 (futures chart), up from the current 94.73. Above that is the previous trading range of (96-97.5).

I figure gold should test 1800 (July support level), and then possibly get into the 1700-1800 range, depending on the dollar. Should be a good opportunity to add to longer term gold positions.








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