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Gold Correction Underway – Forbes

Ethan | September 16, 2019 | Latest | No Comments


Gold Correction Underway  Forbes

Here is a summary of the bearish influences on the metal price : Sentiment is too bullish. The weekly graph shows a hook sell signal, a sign of coming weakness.

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LATEST GOLD NEWS

  • Gold slips from two-week high on firmer dollar; Fed minutes in focus – CNBC
  • Gold falls after weekly gain as Fed rate-hike concerns recede – The Business Times
  • Gold Prices Ease as Markets Await Fed Minutes and Dollar Rebounds – Yahoo Finance UK
  • Central banks boost gold reserves with net 41 tonnes purchased in May – World Gold Council – KITCO
  • Contango converts gold hedge contracts to debt, cuts interest rate – Investing.com

Gold slips from two-week high on firmer dollar; Fed minutes in focus – CNBC

Gold falls after weekly gain as Fed rate-hike concerns recede – The Business Times

Gold Prices Ease as Markets Await Fed Minutes and Dollar Rebounds – Yahoo Finance UK

Central banks boost gold reserves with net 41 tonnes purchased in May – World Gold Council – KITCO

Contango converts gold hedge contracts to debt, cuts interest rate – Investing.com

China’s biggest ETF is now a gold fund as national team retreats – The Edge Singapore

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