KQMarkets

Gold - Still Short Despite Limited Price Action

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FX_IDC:XAUUSD   黃金現貨 / 美元
We still hold a short view on Gold despite limited price action after Pfizer's vaccine announcement caused a sharp drop in the precious metal. We believe the continued uncertainty over the size and timing of the US stimulus package would put further pressure on Gold and lead to a drop towards support at $1824.

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