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  • GOLD failed again at 1300, maybe the last time

GOLD failed again at 1300, maybe the last time

randholm
August 16, 2017 12:28 pm / Published in * Randbots.com, GOLD

GOLD failed again at 1300, maybe the last time

As many of you know, I have been long US Equities and short Gold for a while.  It have worked. However, for the last few quarters that risk/return model is not optional. Macro data and new developments in the sector point in that direction.

I encourage to to take a look at the prices and news of metals such as  ZINC, COPPER, PALLADIUM.

 

Today the FED will comment on key information that might stop the long term short on GOLD that started on 2011.

 

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