Gold saw wild swings in yesterday's trading session after as FED chairman Powell announced additional stimulus to the economy. Gold had been dropping along with equity markets despite it's safe haven status until Powell's announcement therefore we maintain our long view whilst the precious metal is above long term support at $1560.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.