The global spread of the Corona virus will remain in support of gold gains for a longer period. On the downside, the closest support levels to gold prices, and the most appropriate to buy it now, are at 1569, 1555 and 1540, respectively. I still prefer to buy gold from every bearish level.
The yellow metal will react to developments on the ground from the Coronavirus, along with the announcement of the US ISM Manufacturing PMI.
The yellow metal will react to developments on the ground from the Coronavirus, along with the announcement of the US ISM Manufacturing PMI.