XAUUSD CFD Weekly - 27 - 31 July 2020
Trending on strong bullish movement and we are expecting a retracement on resistance 3.82 fibo key level nearing towards $2,000
However price is making all time high it's risky & a NO short position!
Gold has printed a new lifetime high near $1950, surpassing the previous record price reached in September 2011. The metal has rallied by over 25% this year with the US Federal Reserve's unprecedented money printing pushing inflation-adjusted yields on Treasuries to negative territory.
However price is making all time high it's risky & a NO short position!
Gold has printed a new lifetime high near $1950, surpassing the previous record price reached in September 2011. The metal has rallied by over 25% this year with the US Federal Reserve's unprecedented money printing pushing inflation-adjusted yields on Treasuries to negative territory.
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