gold market broke higher during the negotiation session Thursday, before the holidays of Good Friday. Although there are likely to be still open CFD markets, the futures market will be necessary to match the futures prices, but at this point it is very likely that depending on the action we will continue to go further. In fact, the fact that we have surpassed the $ 1,750 level is a very good sign for the continuation of the trend. The $ 1,800 level above would be the initial goal, then finally the $ 2,000 level with enough time. “Data-reactid =” 12 “> The gold market reached a higher level during the trading session Thursday, before the Good Friday holidays. Are probably some CFD markets still open, the futures market will be necessary to make match the futures prices, but at this point it is very likely that, based on the action, we will continue to go further. In fact, the fact that we break out above the 1750 level $ is a very good sign for a continuation of the trend.The level of $ 1800 above would be the initial objective, then finally the level of $ 2000 with enough time.
Gold price forecast video 13.04.20
Withdrawals at this point should continue to offer a lot of value, and I also think the massive support is near the $ 1,690 level. Obviously, the $ 1,700 level is also important psychologically, so I view withdrawals as an opportunity to enter a market which is obviously very bullish. We are in an uptrend, and that certainly does not seem to change anytime soon. Gold will continue to gain ground as the Federal Reserve decides to throw more than $ 2 trillion into the market again, and of course, as we destroy the value of fiat money, this should increase the value of physical assets such as gold. That being said, I believe gold will continue to be the go-to market for many traders. In addition, global growth is also a source of great concern and whenever there is a security problem, gold is doing quite well.
article was originally published on FX Empire “data-reactid =” 16 “> This article was originally published on FX Empire