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Gold not happy with the expensive dollar

FXStreet (Łódź) - Independent Analyst Vladimir Mihaylov points out that the strength of the USD is exerting pressure on gold.

Key quotes

"The price has stopped at the support area 1212-1215 for now and if we take a look back we can see that the price usually makes a quick test of the 1180 support when it drops below 1210."

"So inside the area 1210-1180 movement is usually quick downside and quick recovery after that."

"If you make profit on the downside take it and run away."

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