XAUUSD: good investment for 2020

Hello traders!

It is well known that GOLD is the most famous safe asset on the planet! By definition, SAFE ASSETS offer investors safe investments that preserve capital and withstand high levels of market volatility. They serve as a form of insurance against adverse economic events because they do not carry a high risk of loss across all types of market cycles. And GUESS WHAT? We are living in a world that perfectly matches the situation described above!

This is why I think that the price of gold is expected to raise in the medium/short term -> INCREASE OF THE DEMAND FROM INVESTORS. These thoughts seem to be confirmed by some analysts’ predictions which can be read on USA GOLD website. Indeed, gold is expected to reach 1900 by the end of 2020.

This could be the RIGHT MOMENT to buy GOLD!

Remember to put a stop loss in order to secure your capital!
Not a financial advice.
Enjoy your trade!
CommoditiesGoldHarmonic PatternsTechnical IndicatorsLONGTrend AnalysisUSDXAUXAUUSDxauusdlong

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