Trading-Guru

Minnesota Issues Push Gold Again As Safe Haven

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hi all, I'm sure you've been following the horrible news around what's happening in Minnesota right now. Obviously this isn't great for the U.S. economy. The American stock markets are leading for the overall market sentiment in the world.

We've seen gold prices surging as a response to increased uncertainty. This is a behavior we see time and time again.

On this chart I highlighted the important support and resistance zones and a nice long set-up.

I’m very curious to hear your thoughts! Would love to have an engaging discussion about this topic and hear your opinions. Feel free to leave a comment below.

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- Trading Guru

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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!


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