Artikel: Time for Caution in Gold Miners
The Daily Gold
www.thedailygold.com
October 20, 2017
Jordan Roy-Byrne CMT, MFTA
Time for caution in gold miners
Last week we noted the likely negative impact of a sustained rebound in the US Dollar on Gold. Recent weakness in precious metals has not been much of a surprise considering the sector’s relative weakness months ago amid a weak US Dollar. While the greenback has bottomed, it has yet to push above resistance at 94. Nevertheless, Gold and in particular the gold stocks are threatening more losses even before a push higher in the greenback. It is time to be defensive and cautious.
LESEN SIE WEITER