GOLD - Technical nad Fundamental BUY

25 de mar. de 2020

XAUUSD
As on the screenshot.

Gold has a serious bid from fundamental problems of purchasing it due to problems with refinery delivery (Hong Kong is completely locked) - I am talking abut psychical gold. Investors often decide paying premium just to have gold delivered.
Technical also looks stronger than ever especially now when FED confirmed printing unlimited amount of dollars ...

25 de mar. de 2020

Nota

2T FED stimulus bill still not confirmed so may see small drop before the move higher. Lets watch and act. Long term position is good short term we may see a drop.