Its not the end of fall for Gold yet. Expect lower prices

5 feb 2021

Gold prices have been moving erratically lately. Some say its because of the economic influence while some say its just that investors are unsure of where to invest in the present global condition. However, our analysis at Gotraderforex is showing something interesting. We see that investors are not yet interested in buying gold. There is high likelihood of them, I mean the market makers to push the price close to 1700-1680 levels in the coming few weeks. This then would be an ideal price range for the big players to start entering the markets and buy larger shares of Gold. As they say, the smart investors buy low, really low and sell high, really high.