Gold trading strategy today:
Gold after adjusting to 2015 USD earlier the last week quickly rediscovered the motivation around this level of support, currently precious metals are trading around the 2015 USD and the prospect of slightly increased in short.
The reason for supporting gold prices today comes from external markets is the weaker US dollar index, higher crude oil prices and reduced US Treasury bond interest rates.
The geopolitical tensions escalate, the economy showed signs of less positive, causing investors to worry about increasing risks. They sold the dollar strongly and returned to buy gold to ensure capital safety thereby helping gold seeking the opportunity to turn back.
Gold after adjusting to 2015 USD earlier the last week quickly rediscovered the motivation around this level of support, currently precious metals are trading around the 2015 USD and the prospect of slightly increased in short.
The reason for supporting gold prices today comes from external markets is the weaker US dollar index, higher crude oil prices and reduced US Treasury bond interest rates.
The geopolitical tensions escalate, the economy showed signs of less positive, causing investors to worry about increasing risks. They sold the dollar strongly and returned to buy gold to ensure capital safety thereby helping gold seeking the opportunity to turn back.
