Analysis of Gold has been given in the chart, What we need to understand over here is small/minute details which plays a very important role. There is this plain thinking or myth or possibility that I've heard is that When Gold price shoots up equity market goes down. I am observing this for quite a long now, so sometimes it works and sometimes it doesn't but what we can extract from the data is helpful, it works 80%of time. Just to keep in check we can take trades according to this type of significant analysis.
PS: This is just for educational purposes. If you have any doubt feel free to reach out.
Regards.
Commentaire
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Yes it did finally. Gold touches 60,000. Hope people would have made good returns.