Good is the most secure ingesting got any invested and thus has a very critical position in the market. USD on the other hand is the most traded currency around the world. No matter what trades take place, be it oil, metals or commodities, gold plays a very vital role.
We have seen a steep jump in the gold and a steep fall on USD which clearly indicates that these are inversely proportional. Very steep changes in these two can bring many changes to the world economy and might affect many investors.
I believe gold will touch its peak levels and then return to 1950 support level gradually , not at once and not in a short time but eventually this will happen. USD will rise and from its 5 months low with all major currency pairs.
I welcome comments and your thoughts to learn more.
Congratulations and well done for sharing your first idea with the community. Hope you will be having great experience. Thanks for your contribution. From mod @Bravetotrade
KunalGaur10
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@Bravetotrade Thank you and apologies for reacting late.
KunalGaur10
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Please read the first line as
Gold is the most secure investment for any investor.
Sorry for the typo error, went too fast for my first idea.
Hope you will be having great experience.
Thanks for your contribution.
From mod @Bravetotrade