Good morning – Gold rose on Thursday in Asia session, with rising U.S.-China ten…

[ad_1]

851x315
Cheap Airline Deals
300*250
336х280_англ.

Good morning

Gold rose on Thursday in Asia session, with rising U.S.-China tensions driving investors to the safe-haven asset.

Worsening relations between the world’s two biggest economies could further hobble global business activity, which is already under intense pressure due to the coronavirus crisis.

“The U.S. and China have disagreements on many fronts. There is trade, and there is inquiry into the coronavirus, and now this dispute over Hong Kong,” said Michael McCarthy, chief strategist at CMC Markets.

President Donald Trump will announce the U.S. response to the laws by the end of the week, with China promising to retaliate against any U.S. actions.

[Technically] :-

Gold price shows clear positive trading after breaking $1,714 level to trade now at $1,719, next resistance based at $1,725/$1,733 area, its important to break it to keep the bullish momentum valid.
Otherwise, breaking below $1,714 could lead the market to test $1,695 again. –
Silver rose 0.5 percent to 17.36, Platinum rose 0.1 percent to 882.00.

#gold#goldprice#silver#oil#goldtrading#platinum#commodities#newyork#singapore#tokyo#london#gcc#bahrain#infinityforinvestment#forextrading#fundamental#investing#wealth#xauusd#xagusd#newyork#wallstreet#inflation#covid_19

[ad_2]
Source

Hilton Points
728*90

Leave a Reply

Your email address will not be published. Required fields are marked *

%d bloggers like this: