VillageTraderZA

False Breakout Perhaps. Not convinced by it

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
Not quite convinced about higher Gold prices as yet. Gold struggled to break the $2073 resistances since touching in Covid days. Given the situation in Gaza seemed contained there isn't enough uncertinty to look for "safe haven" assets. Furthermore the given Rates are more like to come down than rally further triggering for a risk on trade. Gold doesn't seem attractive at all

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