XAU/USD is up to 15-week highs as US economy is getting more likely to slide into recession
There are paradoxes in the market from time to time, but the laws of fundamental analysis cannot be violated all the time. Some traders just wondered why gold was not growing in price in the environment, favorable for safe-haven assets. Others entered longs as gold was not much affected by a drop in the Treasury yield, a growing likelihood of the US economy recession and the escalation of the US-China trade dispute. Finally, the decision of the US administration to impose tariffs on…
Read full author’s opinion and review in blog of #LiteForex