Golden age completion
Good afternoon, dear traders. As the US economy recovers and geopolitical tensions are easing, investors withdraw money from defensive assets such as gold and silver in order to invest them in the rising US stock markets. The quarterly GDP growth released on Friday last week turned out to be higher 0.2% than the previous value: 4.6% vs 4.2%. Certainly, we can consider this event as a positive sign of the US economy recovery which confirms the current trends on precious metals. Today we consider the long-term outlook forXAU/USD (Gold) instrument on the daily chart.
Good afternoon, dear traders. As the US economy recovers and geopolitical tensions are easing, investors withdraw money from defensive assets such as gold and silver in order to invest them in the rising US stock markets. The quarterly GDP growth released on Friday last week turned out to be higher 0.2% than the previous value: 4.6% vs 4.2%. Certainly, we can consider this event as a positive sign of the US economy recovery which confirms the current trends on precious metals. Today we consider the long-term outlook forXAU/USD (Gold) instrument on the daily chart.
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