Gold prices rallied significantly in the last two days and is now seeing a little bit of pullback. After $1785, we could soon see $1800. Besides, levels of $1745-$1740 would offer good support. Gold prices have got a boost after an increase in world-wide cases for Covid-19. Also, reports that phase-one deal between the US and China are under threat prompted investors to go for safety in gold. US Dollar also has been significantly beaten down due to the rise in other emerging market currencies on account of a stock rally and so any reversal in US Dollar could cap
Trading strategies for Gold and Natural Gas by Tradebulls Securities
There is no divergence in Gold and prices are comfortably trading above its all-important moving average
 "Reports that phase one deal under US and China are under threat prompted investors to go for safety in gold")
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Reports that phase one deal under US and China are under threat prompted investors to go for safety in gold
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