As Easter holidays came to an end and trading all over the word resumed we are forced to look at assets that we haven’t looked at for a long time. There was so much volatility in equity market that we have forgotten that the flow of traders to the currencies means the outflow of traders from safe havens. And today this outflow is especially felt by gold and other precious metals. Although the drop was anticipated no one could have imagined that it is going to be as rapid and fierce as it was. The reason for the fall is the good performance of the greenback in the interactional market.
Just look at the decline. Those who didn’t see the fall coming lost a lot in the last hour. And it seems that the fall is not going to stop there. It is predicted that gold can easily renew this year’s low.
What to do next and how escape more losses? Trading signals know the answer!