Gold looking to carry on its rise to the 1700 area.
Looking at the chart: it reached a low around the 1625 area yesterday and today - double bottom.
Now looks to be on its way back up a bit slower than its first descent.
Other reasons: 1) to the Coronavirus giving it a push
2) due to the dizzying heights of the stock markets.
Looking at the chart: it reached a low around the 1625 area yesterday and today - double bottom.
Now looks to be on its way back up a bit slower than its first descent.
Other reasons: 1) to the Coronavirus giving it a push
2) due to the dizzying heights of the stock markets.