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Gold surrenders. Forecast as of 04.03.2021 Parallels between | LiteFinance

Gold surrenders. Forecast as of 04.03.2021

Parallels between the current and previous economic crises are apparent. The same massive incentives and growth in US Treasury yields. How will this affect gold? Let us discuss this topic and make up a trading plan.

Fundamental gold forecast for a year 

History repeats itself, alas, negatively affecting gold. There are too many similarities between the current and previous economic crises to be safe to say that the XAUUSD uptrend is broken down. The same colossal fiscal and monetary stimulus in response to the recession, the same rapid growth in Treasury bond yields, the same capital outflow from ETFs. It seems that the gold will... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/QgzG