With the recent bear flag breakdown, the gold prices face a significant deal of uncertainty. This precarious situation comes hot on the heels of a period of relative stability in the trading of the precious metal. The decrease in demand, combined with unpredictable economic conditions across the globe, has stirred this uncertain situation. Will the gold stay on the downward trend or will it see a rebound in the near future? The answer lies in the forthcoming global economic indicators and the investors’ response to them. It’s a wait-and-watch situation for investors, who are cautiously scrutinizing the market for the slightest changes in the trajectory of gold prices. Read More
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