Also haneti drill has nickel but also interested in the palladium aspect.
A rise in rates & a rise in the gold price actually go together.
The u.s. government had to confiscate the gold of its citizens to ensure the focused success of the increase in the money supply….
Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors….
All risks, losses and costs associated with investing, including total loss of principal, are your responsibility….
On a relative basis, gold was the worst performer out of all 5 of the assets in the metals asset class today.
And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well.
Or to view things another way, note that out of the past 14 days gold’s price has gone up 8 them.
Look at the fines all banks have paid for manipulating gold price.
Out of the 5 instruments in the metals asset class, gold ended up ranking 3rd for the day in terms of price change relative to the previous day.