ZumixFX

Gold Down To 1926$ ?

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
Gold prices traded just below their strongest levels in 11 months on Monday as markets gauged the impact of emergency liquidity measures from the Federal Reserve and other major central banks amid increasing fears of a banking crisis. The increased liquidity measures by the Fed also undermine a year of monetary tightening done by the bank to curb inflation, and are likely to keep gold demand supported. So for me It will be a pressure of fear for buying the gold metal and that will push him a little down .

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