TeleTrade - Analytics

    TeleTrade

    726.50 6.50/10
    57% of positive reviews
    Real

    22.06.2016 15:02 Tight range on Gold preparing the next sharp move

    22.06.2016 15:02

    Tight range on Gold preparing the next sharp move

     

    So far today's range is just 5$/ounce but things will change for sure tomorrow because of the Brexit referendum. Gold will move regardless of the Brexit outcome because of its safe heaven status. A remain vote will lower the demand for safer assets while the big (enormous) move will come if UK votes to leave. Then, the majority of inverstors will turn to gold and the price will quickly go up.

     

     

    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree