Sun, Feb 08, 2026 04:21 GMT
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    HomeContributorsTechnical AnalysisGold Surges Thanks To Weaker Dollar

    Gold Surges Thanks To Weaker Dollar

    MultiBank Exchange Group
    By MultiBank Exchange Group

    The yellow metal rallied in the US session and climbed much above the 1339 Monday’s high. You can see on the Daily chart that has failed to close the former gap up, signaling that the bulls are very strong. Should reach the $1348 per ounce and the lower median line (LML) of the major ascending pitchfork.

    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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