Trading With Linorth
Gold fell for around $120 dollars after Russia announced their vaccine for Covid19.
Despite other reports saying the Russians have rushed to register their vaccine after only the first phase of testing.



(I think the fall is mostly from profit taking of investors. After the news of vaccine, the appetite for risk is rising again so its likely for the money to flow towards stock market)
Linorth, edited  

2 comments

Mr Traveller
Is the upward trend broken? I think fundamental analysis prevails over technical during these times... what do you think boss ?
Linorth
Mr Traveller
Is the upward trend broken? I think fundamental analysis prevails over technical during these times... what do you think boss ?
shared a post about it on the channel ;)