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Wednesday, 22 March 2017

Trade idea: where does gold go next? IG UK

Published on 22 Mar 2017
22 March 2017: Having hit a critical Fibonacci level, where does gold go next? Jeremy Naylor looks at the small rise in volatility and risk off session early on Wednesday and suggests that much hangs on developments this Friday in Washington. President Trump has an up-hill struggle to get his healthcare proposals through which in turn, if implemented, would then give him the latitude to be able to enact his fiscal plans. The promise of the fiscal proposals has been much behind that Trump trade that has seen equity benchmarks score new highs.

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