Is the market not looking bearish? or did those who held long - sold due to news of a economy re-opening possibility?
CDtanael
⋅
@TomDirse, the opinions are everytime they short gold it still goes up... we are still over the 200ma, and gold is still safe haven for some during this pandemic
TomDirse
⋅
@CDtanael, Ah ok. I believe that when Trump announced his news yesterday, in regards to Re-Opening the economy . Obviously these are words but they made gold drop. Because the opening of the economy (USD) has not ACTUALLY happened. It will continue rising - I agree.