Gold is Bullish on the Long term
GOLD
As expected, the #1,540.80 Daily Rectangle semi-Support worked again as a rejection point and Gold reached #1,540.80 on one single Daily candle. Equally sharply, it rebounded on a Hourly 4 candles, indicating the strong Support presence at #40’s levels. If DX holds the #97.00 Daily Support and Stocks pause their Bullish channel, Gold should test #1,570.80 soon