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Gold Expected To Stabilize In The Green Zone

We had some volatility on Gold on Tuesday, but now looks undecided even if the perspective is bullish on the short term. Could shine further if the dollar index will hit new lows, it is expected to approach and reach the 38.2% retracement level and the 23.6% retracement level. A retest of the warning line (WL1) will bring us a good buying opportunity.

MultiBank Exchange Group
MultiBank Exchange Grouphttp://www.mexgroup.com
Multibank Exchange Group (MEX Group) is a multinational financial derivatives dealer. Established in California in 2005, MEX has offices in several countries around the world, including the US, the UK, Australia and China. Mex Group is regulated by the Australian Securities and Investment Commission (ASIC) in Australia, the Ras al Khaimah Free Trade Zone (RAK) in the United Arab Emirates and the Financial Services Commission (FSC) in the British Virgin Islands.

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