The yellow metal plummeted on Friday, as good US employment data caused a surge of the US Dollar’s value.
On Monday, the metal’s price had slightly recovered and reached the resistance of the 200-hour simple moving average near 1,465.00.
Economic Calendar Analysis
This week there are a…
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 65-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money. forexbroker.news is an affiliated partner with various Forex brokers and may be compensated for referred Forex traders.
