With all the responsibility I can advise you – stay away from currency market today. Of course it is not easy to do, but it is a precaution that we need to take today otherwise we are going to lose. What do we need to focus on instead? Well, my personal favorite in these cases are commodities. And gold falls right on the top of my list with its price being volatile, but still safer than most.

With dollar displaying signs of a possible decline and euro trader being on the lookout for the new set of economic data from Eurozone it is safe to assume that gold is going to find more and more support and possibilities to grow in the next several weeks. USD is just not the asset to put all of our trust into right now and gold can finally take this niche for us. Right not the metal is trying to recover from the fall taken by it overnight but the attempt is looking to be successful.

What can push gold even higher? Well, tomorrow we are supposed to get an appearance from Jerome Powell on the possibility of recession and that is not something that dollar is going to take calmly, trust me. We are going to see changes. And that is going to be perfect for gold with metal depending on the performance of the greenback almost solely.

What will gold bring us? Use trading signals to find this out.