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Gold Technical Analysis: A New Break of The General Trend
The dispute between the United States and China has not ended, and the formal and final announcement of a drug to deal with the Covid-19 has not yet taken place, and what has been announced are just preliminary results of experiments. The optimism that prevailed in the financial markets due to the successive announcements that reaching a vaccine to counter the deadly Coronavirus was close, pushed investors to take risks, and give up safe heavens, with gold being among the most important ones. Accordingly, the price of gold fell to the $1707 support at the time of writing, after an upward stability around the $1740 ... (full story)