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Gold is being manipulated by short term traders and long term investors. Yes, we know that all markets RAPPER CARDI B Cover Samsung Galaxy S6 Edge Plus Minnie Mickey Cappuccio Disney Custodia are influenced by the same factors. In gold’s case, the CHEVY RED CAR CARTOON Cover Samsung Galaxy S6 Edge Plus longer term investors HOUSTON ROCKETS LOGO 2 Cover Samsung Galaxy S6 Edge Plus are banking on fiscal stimulus from governments and monetary stimulus from central banks to provide support. Short term traders seem to be reacting more to anything coronavirus related such as the number of cases and lockdown restrictions.

Short Term FactorsLast week, the focus for gold traders was on the lifting of lockdown restrictions around the world. Prime Minister Boris Johnson promised to set out a plan next week on how Britain might start gradually returning to normal life. states forged ahead with their strategies for easing restrictions on restaurants, retail and other businesses in hopes of reviving virus stricken commerce.

Long Term FactorsCentral banks and governments around the world have announced massive fiscal and monetary measures to limit economic damage caused by the virus outbreak and restrictions put in place to DRAGON BALL Z GOKU Cover Samsung Galaxy S6 Edge Plus curtail its spread. Federal Reserve kept its benchmark interest rate anchored near zero and pledged to keep it there until the economy recovers. A statement following the Federal Open Market Committee meeting pledged accommodative policy until the economy again reaches full ALPHA KAPPA ALPHA 1908 Cover Samsung Galaxy S6 Edge Plus employment and 2% inflation. The Fed also said the coronavirus crisis will “weigh heavily” on economic activity. Finally, central bank policymakers promised to NEW YORK YANKEES ART Cover Samsung Galaxy S6 Edge Plus use their tool AIR JORDAN ELEPHANT Cover Samsung Galaxy S6 Edge Plus as appropriate to foster NARUTO SAGE MODE AND SASUKE Cover Samsung Galaxy S6 Edge Plus growth.

Weekly ForecastThis week, short term gold traders are going to continue to focus on the coronavirus numbers and the progress of the LARA CROFT TOMB RAIDER iPhone XR Plastic Black Cover Samsung Galaxy S6 Edge Plus countries lifting their restrictions. Good numbers will pressure gold, bad numbers will likely lead to custodia samsung s7 edge disney renewed lockdowns and this would be bullish for gold.

In the meantime, the longer term investors are going to sit tight since they know that time is on their side. They can afford to wait until gold hits an attractive value area before they take another shot at the long side. They know that the fiscal and monetary stimulus will be in place for at least a year or two. In the meantime, the global economy should continue to weaken and more Mickey Mouse – Custodia per Cellulari stimulus is likely to BUILT FORD TOUGH DIESEL Cover Samsung Galaxy S6 Edge Plus be on the way. It also comes after the government announced it would include deaths outside of hospitals in particular those recorded in care homes and in the community in total death figures, leaving the UK with one of the highest fatality rates of any nation worldwide.

Coronavirus live updates: UK death toll rises to 28,446 as total tests falls by nearly a quarter days after 100,000 target metBritain hits testing target as death toll leaps again

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