Trading signals

XAU/USD

XAUUSD

The market sentiment remained sour amid a growing numbers of COVID-19. The gold remained in the red amid a stronger dollar.  

 

The main scenario assumes a continuation of a growth towards 1880.   

An alternative scenario is a return to the area of 1850.

 

The market is likely to remain positive and may continue its growth towards 1880. First, the metal needs to regain 1870.

We do not rule out a break of the level 1860 and a slide to 1850.

 

New articles