Gold has been trading sideways since our last analysis despite US stimulus, a weakening dollar and the worsening of the coronavirus situation. Therefore we hold a neutral view as we believe the precious metal will struggle to gain forward momentum to challenge resistance at $1932.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.