It’s time for gold to steal the show

FXEmpire/Aziz Kenjaev

Repost from 10-8-2021

Image of newspaper headline featuring 'Gold, dollar'“The data may suggest that the FED will restrain from their idea of increasing interest rates early next year, however taper uncertainty puts the USD in a weaker position. The market is tired of the sea-saw imposed by the FED. And when this kind of sentiment fills the market, the edge goes to safe-haven assets, mainly Gold.”

USAGOLD note: An interesting and unusual take on what is currently at play in the gold market …… He sees the current correction as laying the groundwork for the possibility of $2200 gold.

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