Gold Prices Remain Bullish, Silver Prices Spike Higher
From dailyfx.com
Gold prices saw a firm bid from the $1400 level in yesterday’s session as risk appetite deteriorated, consequently boosting flight to quality flow into safe-haven assets. Although, on the technical front, the precious metal failed to break above its near-term trendline resistance, which in turn has seen gold prices pullback slightly. However, the global economic environment remains fragile and the earnings season is likely to confirm as much with companies downgrading their outlook amid the ongoing trade war between the US and China, which is showing little signs of being resolved anytime soon, thus the impact of the ...
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