06 May 2019 : Gold is positioned to be heavily influenced by US-China trade developments and the Dollar’s valuation this week. The metal could push back above $1300 if risk aversion accelerates the flight to safety. However, a move back below $1280 signals further downside towards $1265.
Reporting for EasyKobo on Monday , 06 May 2019 in Lagos, Nigeria
Source: Lukman Otunuga, FXTM Research Analyst