Gold looks like it is preparing to challenge the July 2016 peak at $1377.50 high, which would be a significant break to the upside. A more accommodative Fed, weakening dollar, and growing fear and uncertainty create the backdrop for a looming rally!
Andy Hecht covers Commodities and Forex as one of the original contributing analysts at FATRADER. A former senior trader at one of the world’s leading commodities trading houses, Philipp Brothers (now part of Citigroup), Andy has worked and consulted for banks, hedge funds, and commodities producers and consumers around the world for over 35 years.
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