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Gold price, page-4456

  1. boogee
    1,789 Posts.
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    10/08/16
    15:17
    Post #: 18487156
    What an interesting situation.

    Negative correlation as expected with the USD rallies on positive US economic news, then counter-intuitive rallies in gold when the USD flatten out or is also rallying / being bought as a safe haven due to global economic risks / poor data?

    Seems the QE junkie isn't sure what to do.

    Sorry just thinking out loud!
    BDR Price at posting: 50.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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