Gold sitting in crucial territory (Jul. 20, 2022)

The view of a long-term post-pandemic support has not been enough to give Gold a boost yet. Only time will show whether patient buyers are comfortably waiting to “correct” the metal’s ignorance of the inflation and geopolitical protection nature or if the ongoing downtrend will keep being a trap to “fundamental” buyers.

+ Disclaimer: This post is for educational purposes only.