A Buying Opportunity
The gold market has continued to see selling pressure as a combination of bearish factors take a toll on market sentiment. While the recent slide in gold prices may be viewed as “bearish” or a negative by short-term traders, smart long-term investors will likely welcome lower prices. The notion of rising interest rates, a strong appetite for risk and a stronger dollar have all affected gold and hard assets. Sentiment is currently very poor, and the market’s technical posture is also lacking. Key moving averages... Continue Reading
Category | Economic and Geopolitical News