Gold starting to look like a buy

Forbes/Frank Holmes

graphic image of a green buy button on a laptop computer“The yellow metal has also been under pressure from rising bond yields. The yield on the 10-year Treasury has been on the upswing, and as I’ve explained a number of times before, this can have a huge impact on the direction of gold prices.”

USAGOLD note:  With that for openers, Holmes goes on to cite the 20-day and 60-day percent change oscillators as indicators of gold being in a buy zone.

Repost from 12-2-2020

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