Will Gold Continue To Drop? Rate Hikes, COMEX Shorts, Divergent Tops, Oh My! – Seeking Alpha
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Will Gold Continue To Drop? Rate Hikes, COMEX Shorts, Divergent Tops, Oh My!
Seeking Alpha The gold price has dropped $40 or more than 3% over the past week from $1,255 to a low of $1,215. Silver has shed nearly $1 or 5.4% from $18.40 to $17.40. Sentiment has turned bearish and many analysts are now calling for precious metals to decline to … PRECIOUS-Gold slips on strong dollar ahead of US jobs data Gold prices suffer on likely US Fed rate hike Gold prices stretch losing streak to a sixth session |
