DNA_BrianTrading

Gold is in a downtrend - 03/08/2023

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
The demand for gold is showing signs of decreasing. According to the World Gold Council, global demand for gold fell 2% in the second quarter to 921 tonnes due to high deposit rates and a stronger US economy.

Amid the lack of market-boosting information, the dollar's rally put pressure on gold.
Comment:
Dollar pressure on precious metals

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