Gold Remains Bullish Above October’s Rising Trendline

After falling sharply since July, gold price (XAU/USD) stabilized last week. This can be attributed to the recent weakness in the USD across the board. We can expect this current USD-weakness in the short-term, and thus further upside in gold price. However, we should respect the prevailing trend…

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Gold Remains Bullish Above October’s Rising Trendline