We re-established our long view on Gold as the precious metal rose from when it dropped below key support at $1560 back towards the multi years highs towards $1700 it reached at the beginning of March. We see the precious metal surpassing those multi year highs due to the continued uncertainty and impact of the coronavirus on the global economy as well as it's status as preferred safe haven for investors.
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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.