Gold faces bad times. Forecast as of 26.11.2020

Neither the dollar’s weakness nor the Treasury yield, which doesn’t grow, do not support the XAUUSD price. Let us analyze the gold outlook and a make up a trading plan.

Monthly gold fundamental forecast

Any trading asset gores up and down, the market is moving in cycles. The market cycle often depends on the economic cycle. The history proves that the best time to buy stocks is the recovery period following the economic downturn. This is the bad time for gold. Investors believe in the prosperous future, the risk appetite is increasing. Traders look for the assets other than gold… Read full author’s opinion and review in blog of #LiteForex