With Dollar Index facing pressure, the yellow metal may rise
1. DXY is facing pressure on previous high, it is very likely to retrace in short term.
2. Gold has broken down the range now trade below it, next support level is around1260 to 1270. Consider long at the next support level.
2. Gold has broken down the range now trade below it, next support level is around1260 to 1270. Consider long at the next support level.