Precious metals investors capitulate

Fed chief Janet Yellen yesterday reinforced expectations of a December rate hike noting that improvements across the labour market since October had further boosted the inflation outlook. Her comments together with the market's preparations for additional measures to be announced by the ECB later today helped send the dollar higher and precious metals lower.

from Ole Hansen - Authored content https://www.tradingfloor.com/posts/capitulation-seen-among-precious-metals-investors-6677709?utm_medium=tf4-feed&utm_source=extract