Gold Price Hits Back To Above USD 1,140















Gold price broken above USD 1,140 level, base on the chart the gold price may end the correction and continues the bull rally. During the gold price dip the market buying fouce still high. China and India keep buying gold during the price drop and take up all gold sale by ETF.

For sure I think China and India is above to replace USD reserve to gold bar. If the replacement completed so the USD dollar will be not value. The gold price will drop abit base on the chart but this is the time to buy in again.

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