Hsafari4024

Hsafari4024

From a technical analysis perspective, there is a possibility that GOLD might reverse somewhere between 1430 and 1450 dollars. However, care must be taken as there are a number of other economic and sentimental factors injecting considerable volatility into the market.

Hsafari4024

Is the correlation between USD and GOLD turning positive lately? The same trend is also observed while comparing AUDCAD and GOLD for which a negative correlation between AUD and GOLD is observed despite the fact that Australia is among the top five GOLD producers worldwide.

Hsafari4024

Divergences and market trend indicates a probable correction for the currency, although we have to wait for macroeconomic news to evaluate the impact of decline...