Category: Carlo Alberto De Casa

daily market analysis
December 17, 2020 BY Steffy Bogdanova

Daily market commentary: Gold touches a new 3-week-high

GOLD A weak US dollar combined with a new stimulus and a dovish Fed have created the perfect scenario for a new rebound for bullion. After some initial uncertainty, the positive momentum that has driven gold in the last few days has accelerated with the price jumping above the resistance level of $1,872-$1,875 to touch…

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