Political uncertainty supports challenged gold — #SaxoStrats

The gold rally witnessed since mid-December has increasingly been challenged during the last week. Bond yields and the dollar are once again showing a rising trend and with stock markets continuing to make daily highs a considerable amount of headwind has emerged. Support on the other hand still comes from political uncertainty.

from Ole Hansen - Authored content https://www.tradingfloor.com/posts/political-uncertainty-supports-challenged-gold-saxostrats-8478168?utm_medium=tf4-feed&utm_source=extract