After the publication of weak economic data from Europe, gold maintains an upward vector amid growing fears of investors about a slowdown in the global economy.
Gold finished Friday trading with a fairly steady growth amid reports that the Chinese delegation left Washington earlier than planned.
Gold starts a new trading week with a decline of more than 1.7%, amid a significant drop in demand for risk-free assets.
On Thursday, gold was trading in a very narrow price range, amid a lack of important news on the market that could give a more directional impulse to price movement.
On Wednesday, gold was trading in a fairly narrow price range, remaining under pressure from the dollar and receiving support from the current situation on the stock markets.
Tuesday trading, gold has finished growth of almost 0.7% and today again continues the positive momentum of the movement.
Gold closed with a 0.45% decline on Thursday amid stronger dollar, which makes the precious metal more expensive for investors.
After a small correction, gold closed the second week in a row with growth, maintaining good opportunities to continue the upward movement.
On Thursday, gold showed a decline of more than 1.5%, rebounding from resistance at $ 1,350.
Over the past two days, precious metal has been able to gain significantly, moving away from the minimum values since mid-December 2017, but the problem for gold is that the correction was more technical in nature and was not due to fundamental reasons.