Gold has rallied up mostly in a single day in past two years and that is understandable when traders are looking for safe heaven after Risk in U.K. and recent price volatility in gbp crosses all around, traders are looking for safe-heaven and reason gold fresh longs can be seen again today and rally to test the multi-year high around 1365 can be tested again.
Trading Gold Futures amid safe-heaven
Situation will be volatile, and I am expecting no respite till a resoultion is reached out or memorandum about how a debate and discussion will be reach to a decision that on which conditions UK will left EU and any news coming out of camp would certainly push panic in currency traders and price would behave erotically in recent weeks or even months.
No comments:
Post a Comment