Rate hike focus raising short term gold correction risk — #SaxoStrats

Gold has once again been hit by a triple dose of headwind. The probability of US rate hike on March 15 has surged and with it we are seeing the dollar and bond yields moving higher. At the same time US continues to lead a surge in global stocks

from Ole Hansen - Authored content https://www.tradingfloor.com/posts/rate-hike-focus-raising-short-term-gold-correction-risk-saxostrats-8511728?utm_medium=tf4-feed&utm_source=extract