Buy on a level breakthrough of 1345 with 1375 target. Stop loss = 1335.
Reason for the trading strategy
The uncertainty about the prospects of global economic growth and 12 trillion dollars growth of sovereign bonds debt on the world market trading with a negative yield are both forcing investors to look again at the precious metals. In the short term, the gold prices may gain foothold above the level of 1345 dollars.
Reason for the trading strategy
The uncertainty about the prospects of global economic growth and 12 trillion dollars growth of sovereign bonds debt on the world market trading with a negative yield are both forcing investors to look again at the precious metals. In the short term, the gold prices may gain foothold above the level of 1345 dollars.
Exness - Gold prices are getting close to the level of $1345
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