Extreme Optimism Pushed Gold Prices Below 1800$. Is This a Buying Opportunity?

By:
Przemyslaw Kwiecien
Published: Nov 30, 2020, 13:31 UTC

Chief Economist of XTB group discusses key topics and potential market scenarios Gold has got into trouble - its price plunged $275 (roughly 13%) from its August highs

Comex Gold

In this article:

Watch this video to learn:

  • What’s next for Gold?
  • Can indices extend the November rally?
  • Wall Street vs Main Street in economic data
  • Can EURUSD cross 1,20

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Some other topics include:

  • Trump says he will leave the Oval Office
  • JPM sees cryptos lower
  • Tension rises in the Middle East
For a look at all of today’s economic events, check out our economic calendar.

About the Author

Przemyslaw is Head of Research at the XTB where he spent 13 years of his 17 year career. Data focused analysts with 24 years of investment experience, Przemyslaw holds Investment Adviser License (nr 696), the CFA designation and PhD in economics.+

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