phoenixTraders2020

Gold rolling down on dollar positive Sentiment

TVC:GOLD   CFDs on Gold (US$ / OZ)
Further to the positive news on new administration in white house in terms of Vaccination plan, Stimulus and employment; USD is gaining and recovering the lose and bringing hope for investor to again counting on the most valuable currency in the world. Therefore, Gold is in the long term down trend channel which was already predicted in previous ideas.
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