Consolidation in Short Term - Bullish in Mid Term
With no stimulus likely being passed while Trump is still in office, there is no reason to expect a large move in XAU. However, with Governors likely shutting down states in the coming months and potential high uncertainty of financial conditions come Biden's inauguration, Gold should retest the mid-2020 highs.
This is just a perspective and not financial advice.
This is just a perspective and not financial advice.
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