Posted on by ColinTwiggs

Gold rises as Dollar falls

The Dollar Index has been falling since the start of the year. Respect of support at 100, however, would signal a primary up-trend.

Dollar Index

Gold advanced as the Dollar fell. Support at $1200/ounce suggests another advance, this time to $1300, but a lot will depend on the Dollar.

Spot Gold

3 Replies to “Gold rises as Dollar falls”

  1. Thanks Colin I enjoy your intelligent Chart Work very much. Glad you are back on the web. Please keep in touch, I understand you no longer work together with Tony Porter? I have mislaid your telephone number, can you supply it??

    Kind Regards

    Gordon Innes

    1. Hi Gordon,
      I really enjoyed working with Tony at Porter Capital but was spreading myself too thin. You can reach me at 1300-850-951.
      Regards, Colin

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