Free no deposit Bonus Forex
Wednesday, 22.01.2020, 10:55
Welcome Guest | RSS
 
Main RegistrationLogin
Site menu
Login form
Earn 3-10% per
FreshForex bonus
Cripto Invest
Statistics

Total online: 12
Guests: 12
Users: 0
...
Main » 2019 » December » 4 » GOLD forecast price of gold XAUUSD 04.12.2019 GOLD rises in price on the news about trade negotiations, the US and China
11:45
GOLD forecast price of gold XAUUSD 04.12.2019 GOLD rises in price on the news about trade negotiations, the US and China

article34610.jpg

On Wednesday, gold continues to move higher amid increasing concerns about the trade negotiations the US and China.

On Tuesday, the gold price rose by more than 1% due to the weakening of the pressure from the dollar (-0.15% dollar index) and Trump claims that trade talks between the US and China can be continued after 2020. Later, in an interview with CNBC, US Commerce Secretary Wilbur Ross confirmed "serious" allegations of Donald Trump. He pointed out that Trump is not lack of time, because it has a good chance of re-election as president. Therefore, the White House will be a disgrace to achieve a good agreement, not to play "political games."

 

welcome bonus forex

 

 

In addition, the US House of Representatives approved a bill to support the Uighurs in China. many Chinese officials will be under sanctions. This solution can slow down the process of trade negotiations.


Today, in addition to the geopolitical news, investors will be watching closely the publication of statistical data from the US. It is expected to publish a monthly report on ADP non-farm payrolls and the non-manufacturing sector PMI from ISM.


In the graph locally rising trend prevails. The price has broken and entrenched above $ 1475.00. The next target for buyers is the area of ​​1485.00 and 1490.00.


Levels of resistance: 1485.00, 1490.00, 1505.00;                                                 

Support levels: 1475.00, 1470.00, 1460.00.

The main scenario - growth to 1485.00-1490.00.

Alternative - the breakdown of support at 1475.00 and decline to 1470.00.


Fundamental background - positive. Within days we consider buying the level of 1475.00.

 

Forecast gold prices  FORTFS

 

Views: 23 | Added by: mik | Rating: 0.0/0
Total comments: 0
Only registered users can add comments.
[ Registration | Login ]
Search
Forex Brokers
WELCOME 35USD
Calendar
Entries archive
Our poll
Rate my site
Total of answers: 40
Site friends
  • Create a free website
  • Online Desktop
  • Free Online Games
  • Video Tutorials
  • All HTML Tags
  • Browser Kits
  • Rating
    Copyright Bonus-FX.com © 2020-2012
    Website builderuCoz