KQMarkets

Gold - Short - Continued Downtrend Expected

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
We expect Gold to move lower and continue it's recent downtrend since the highs of the beginning of September despite Trump's impeachment as stocks continue to soar. We still expect prices to fall towards support at $1432 however a rise above the psychological $1500 level could lead to Gold moving towards this year's highs.

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