Gold Spot / U.S. Dollar
Long

Gold - Long Above Key Support

161
Gold has risen back above key support at $1560 on the back of stimulus and a fall in the US dollar. Therefore we resume our long view as Gold is the most popular safe haven amongst investors in periods of uncertainty and economic weakness and consequently we see the precious metal potentially surpassing all time highs this year.

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.