GOLD: Back to 1910

Gold recovered as the US dollar retreated from a six-month high. The prospect of rising long-term interest rates suggests weakness in gold, especially given the Federal Reserve's hawkish stance. However, global gold demand is still very large and some countries continuously buy gold. Gold has greater importance in non-Western countries.

GOLD BUY LIMIT 1910 - 1908

TP: 1920

SL: 1905