Analysis of Gold for August 05,.2020 – Ascending triangle mesured projection almost reached at $2.050

Prior +17.8%; revised to +20.3% Retail sales +1.3% vs -0.2% y/y expected Prior -5.1%; revised to -3.1% Retail sales activity continues to pick up after bottoming out in April, with textiles, clothing and footwear contributing to the big beat once again. This could still be largely due to pent-up demand but regardless, is a lagging […]