Gold required a stronger pullback to a zone with more confluence, and now with the DXY dropping—something that's heavily correlated—I expect gold to trend toward $3000. Silver is also showing bullish price action, which is a good sign that gold will start moving higher as well.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.