Gold Declines Below $1,900 amid Stronger Covid and Dollar

The gold price dropped below $1,900 amidst Covid-19 cases increases in the West and the US dollar appreciation. So, what happens next with the yellow metal?Q2 2020 hedge fund letters, conferences and moreThe Impact Of Stronger Covid And Dollar On Gold PricesFor the time being, things are not looking good, my bull friends. The bearish trend in the gold market continues. As the chart below shows, we saw a significant selloff on Monday with gold prices decreasing from above $1,950 to $1,909. To make matters worse, the decline continued on Tuesday and Wednesday, with the price of gold dropping bel…

Read More

HEDGE accordingly