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New Covid-19 Highs, New Major Price Moves

From sunshineprofits.com

The second wave of Covid-19 is here and while it makes gold's potential even better in the long run, it's likely to mean a sharp decline beforehand. It might be tempting to focus on something else, to look the other way, or to limit testing, but the difficult fact is that the Covid-19 pandemic is developing after a several-week-long pause. There are new highs in the number of new daily cases both: globally, and in the U.S. The second wave is not yet present in Europe, but please keep in mind that it could become a severe problem very fast. As the entire world has more and more coronavirus cases, and the economies are ... (full story)

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  • Category: Technical Analysis