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China created problems for gold. Forecast as of 30.03.2021 La | LiteFinance

China created problems for gold. Forecast as of 30.03.2021

Last year gold price reached a historical high, but in 2021, the precious metal lost its shine. What was China's role? Let us discuss the Forex outlook and make up a gold trading plan.

Fundamental gold forecast for a week

Gold has not been able to go against the wind for long, although it resisted rising Treasury yields and the strengthening US dollar. While gold has traditionally been perceived as a hedge against inflation, it should be understood that the expected surge in consumer prices reflects economic growth. In addition, it is unlikely to be long-term.

Gold is on the... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/cEeq