03 Sep 2020

Gold hit by the strength of greenback last 48 hours Carlo De Casa explains

Despite this, the main trend has not changed, with the price in the main lateral channel between $1,860 (the low of 12th August) and $2,075 (the high of 7th August). The fundamental outlook is still positive for bullion, in a scenario where central banks’ dovish policies will continue for a long time.

Source: High Leverage Fx