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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 Holds Drop to Near One-Year Low as Rate-Hike Bets Increase – Bloomberg
  • ‘People are chucking stuff like gold and Bitcoin’ as rising inflation leads investors to seek yield – Fortune
  • Gold’s break below the October low mirrors April 2013 – Kitco
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  • Richemont shares slide 8% as gold costs offset H1 operating profit jump – Yahoo Finance Singapore

Gold Holds Drop to Near One-Year Low as Rate-Hike Bets Increase – Bloomberg

‘People are chucking stuff like gold and Bitcoin’ as rising inflation leads investors to seek yield – Fortune

Gold’s break below the October low mirrors April 2013 – Kitco

Gold inches higher but heads for weekly loss on US Fed hike concerns – The Business Times

Richemont shares slide 8% as gold costs offset H1 operating profit jump – Yahoo Finance Singapore

Gold rebounds but heads for weekly fall before US inflation data – CNBC

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