Week Ahead: Continuing Volatility On New Coronavirus Data; GOLD

22 במרץ 2020

The yellow metal found resistance by the 200 DMA within a pennant. That suggests a downside breakout would commence next week. In such a scenario, we'd expect another leg down for the precious metal.

I recommend you this time shorting during this week as i expected a downside move from GOLD in the stock markets.