KQMarkets

Gold - Neutral - Awaiting Significant Price Action

TVC:GOLD   CFDs on Gold (US$ / OZ)
Despite a stronger than expected payroll number and positive news relating to a US/China trade deal Gold has sustained above $1500 psychological level. Therefore, we have neutral view as we await significant price action which we believe will likely depend on the US and China agreeing a trade deal.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.