Gold markets are looking at noisy behavior Forex Gold Trading
Furthermore, it’ll be interesting to see how next week plays out due to the fact that the central bankers are all meeting at the Jackson Hole Symposium.
It’s much easier to own bonds and earns a yield than it is to hold gold and store it which of course has costs involved. In other words, this is a market that has a lot to look at next week. I think that this is going to be a “pay the rally” type of situation, at least until we can break above the 200-Day EMA.
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