The recent PPI and CPI were generally quite good. Added to that is political instability.
Therefore, the USD may continue to decline in the short term. Investors easily shift to speculating on gold and choose gold as a safe haven.
Thus, gold has the opportunity to test back the recent peak areas, with a target to go sw at the peak of 34xx-35xx.
Therefore, the USD may continue to decline in the short term. Investors easily shift to speculating on gold and choose gold as a safe haven.
Thus, gold has the opportunity to test back the recent peak areas, with a target to go sw at the peak of 34xx-35xx.
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