5:21 PM · 23 July 2020

Gold is approaching record levels!

Within the last few minutes, gold had almost hit a resistance level of $ 1,900 an ounce. Historic highs are located around $ 1,921 an ounce. Weak dollar - EURUSD above 1.1600 - supports gold prices. The current policies of many central banks and the period between 2008-2011, ie the years after the financial crisis, suggest that this may not be the end of the precious metals rally.

Gold almost hit the resistance level of $ 1,900 an ounce. Source: xStation5

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