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Close to signing of the phase one of trade agreement between China and USA, America will remove China from the list of countries considered currency manipulators.
Linorth 🕵, edited  

2 comments

dragos d
This means that gold could go down?
Linorth
dragos d
This means that gold could go down?
Yes, the gains from fear of trade war getting worse will ease up a bit. But the dollar will also get weaker which could offset the downside potential for gold. (I mean even if gold corrects, it will be short term and it will pick up the uptrend soon enough)