Gold - Long - Continued Upside Potential

We see continued upside for Gold as global equity markets crash on the back of fears over the spread of the coronavirus. However, at this stage given recent developments we would not want to see the market drop below $1600 but we feel prices are supported by increase in probability the FED will cut rates and a subsequently weaker US dollar.
Beyond Technical AnalysisFibonacciGoldLONGSupport and Resistance

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