What impact does a US recession have on the price of gold? Obviously a bullish to bearish turn overnight is very worrying around the outlook for gold's upward trend, or more importantly, where it is going to bottom out.
Bounced nicely off 915-920, but it isn't breaking through 940 and with potential poor growth news due in Europe that will affect the Euro, then the probable fall of economic indicators in the US - looks like another downward spiral.
Any thoughts!!! Chartists opinions!!!
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What impact does a US recession have on the price of gold?...
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