Monday, July 9, 2018

Gold Trending Up due to Market Uncertainty

  • Gold is trending higher as the dollar weakens during early Asian trading.
  • This is due to increase trade tension between US and China
  • The United States and China exchanged the first barrages in what could become a prolonged trade war on Friday, slapping tariffs on $34 billion worth of each other’s goods.
Preferred Strategy for Gold: buy on Dips.

1 comment:

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    ReplyDelete