Gold eases!!

Markets are reacting to international news as US/China trade discussions proceed and Russia/Ukraine “agree” on a reduction of maritime conflicts. In addition, as we move into the weekend closure of the metals market expect to see a slight pull back.

Gann swing presently indicates a spot of around USD 3325 (or about AUD 5,115 for Aussie readers)- although the chart is now presenting higher lows and higher highs this is never a smooth ride up. Bullion from good dealers should be running around USD 3,360 (AUD 5,165 - 5,170) over the weekend and into early Monday. We may see a lift in price as we move into next week.

Again - be patient - FOMO will cost you!!

#gold #money #economy