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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

  • China spends record amount importing over 1,000 tonnes of gold this year – Financial Times
  • Gold slips as Fed officials signal rate hikes – Reuters
  • China’s Gold Imports Top 1,000 Tons on Strong Investment Demand – Bloomberg.com
  • Gold breaks with real yields as fiscal concerns reshape investor demand – Saxo
  • Gold edges higher as lower oil prices damp chance of rate hikes – The Business Times

China spends record amount importing over 1,000 tonnes of gold this year – Financial Times

Gold slips as Fed officials signal rate hikes – Reuters

China’s Gold Imports Top 1,000 Tons on Strong Investment Demand – Bloomberg.com

Gold breaks with real yields as fiscal concerns reshape investor demand – Saxo

Gold edges higher as lower oil prices damp chance of rate hikes – The Business Times

Gold edges lower as traders weigh oil prices and Fed rate path – businesstimes.com.sg

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