Gold Forecast: Market Continue to Threaten the Same Area

The Gold market has to decide what it wants to do over the longer term, and Friday might be the day that we figure it out.

  • Gold markets have rallied rather significantly during the day, as we have gone back and forth during the trading session before shooting straight up in the air.
  • That the market is likely to continue being driven by the bond markets, and whatever is happening with the yield in the United States.
  • As yields fall, it makes gold much more attractive.

Ethan Andrews

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