Gold Forecast: Breaks Through a Major Support Level

Gold markets have broken significantly during the trading session on Thursday as we continue to see the US dollar strengthen. Interest rates spiked, and of course, this sends gold markets much lower. The fact that we have broken through the $1680 level, it’s likely that we have further to go to the downside. We could see the gold market go all the way down to the $1500 level, which is a large, round, psychologically significant figure.

Dodaj komentarz

Twój adres e-mail nie zostanie opublikowany.