Yellow metal to be heavily influenced by external factors.   




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


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