By FX Empire.com
The gold market rose on Friday as the Dollar was pounded across the board. The situation in Europe is seemingly getting better, and as such the world went back to selling the USD as per normal. The lower Dollar helps with the price of gold, and the gold markets also have the added benefit of advancing on fear as well. Because of this, the trend should remain intact for the foreseeable future, and we are buyers on dips. The $1,750 level looks to be supportive at this point, and we are long of this market, as long as we are above that level.
Originally posted here
