Gold was seen to bounce of $1,963.36 as factors such as the US-China tussle, ambiguity over American relief package as well as ISM Manufacturing PMI led the bounce of the USD.
Gold has indeed seen a rally this year, as the aftermath of the pandemic boosted up safe haven assets. While the world currently grapples with a second wave of the virus, many opine that the second wave will not have the same shock value as the initial blow in early 2020.
All in all, the $2,000 level would be a critical psychological level to break through for gold to gain higher traction. Will we see it this week?
Note:#trading#
Release of US Non Farm Payrolls this week might be a trigger for the price of gold as it might impact the USD, which in turn might impact the yellow metal.
면책 조항: 본 게시글에 표현된 견해는 전적으로 작성자의 견해이며 Followme의 공식 입장을 대변하지 않습니다. Followme는 제공된 정보의 정확성, 완전성 또는 신뢰성에 대해 책임을 지지 않으며, 서면으로 명시적으로 언급되지 않는 한 해당 내용을 기반으로 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다.
더 오래된 의견은 없습니다. 소파를 가장 먼저 잡으십시오.