In this report I cover the early market action from London on Tuesday, July 31st, 2018. I look briefly at the precious metals, the stock market, the dollar and the crypto currencies.
Today I spend sometime looking at the technical picture for the dollar index, the gold price and the Dow index. I look at the key technical levels for each indicator and note also that overall market could remain directionless for the near future.
I explain why the $1211/1212 level in gold is an important technical support and show where the yellow metal could trade to in case we break below that level.
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