ForexArbycom

ForexArbycom

With the start of the new month, gold ended its decline near the borders of the descending channel, then gold prices recovered from their lowest level in 5 months due to the weakening of the US dollar. As a safe haven and store of value, gold prices are particularly sensitive to the US dollar. And since Pfizer first announced its vaccine on November 9, gold...

ForexArbycom

The price of gold fell yesterday and is already testing the first target area of ​​$ 1800. If gold is trying to record a drop equal to the $ 1965-$ 1850 move, then we should expect to see $ 1,774 this week, which is also the target of the AB = CD pattern activated since the breakout below the $ 1850 level. While the price of gold is still bearish at the present...