GOLD/USD | Gold To US Dollar Trading Analysis

GOLD/USD | Gold To US Dollar Trading Analysis

Written by: PaxForex analytics dept - Thursday, 12 March 2020 0 comments

The price of gold, which closes low for couple days in a row, amid reports from China that the coronavirus epidemic began to decline. In the past 24 hours, only 15 people have been infected with the virus. This may indicate the resumption of trading activity, which will lead to the growth of the Chinese economy accordingly.

GOLD/USD, 30 min

Pivot: 1632.00