Gold looks, sees bears

As the first US rate hike in nine-years come ever closer the gold market is once again focusing on the $1,050/oz level that it failed to reach during the July sell-off. Gold has fallen in 16 out of the last 19 session and its inability to mount a recovery following last week's drubbing has firmly left bears in charge with potential bulls sitting on the fence

from Ole Hansen - Authored content https://www.tradingfloor.com/posts/gold-looks-sees-bears-6558877?utm_medium=tf4-feed&utm_source=extract