Gold clings to $1900 in the midst of questionable Trump's medical issue – OCBC- ElormAdj_FX

Gold (XAU/USD) has withdrawn from the highs above $1,900 and exchanges just underneath that round number. With everything taken into account, the yellow metal is probably going to remain upheld until greater clearness on Trump's medical issue develops, per OCBC Bank. 

Key statements 

"The rising vulnerability over the worldwide economy lifted gold costs back to the $1900/oz level. We at the first idea that since gold broke underneath that basic help level of $1900/oz, the valuable metal would make a speedy break for the $1800/oz level.

The value developments a week ago, notwithstanding, show that there remains purchasing enthusiasm at the $1800-$1900/oz level." 

"We stay bullish in the long haul."