As long as Gold is reluctant to touch or fall below a multiple long-term support in the high 1600’s, this market may keep on hoping that the metal will make a comeback, given its inflation-hedging qualities and the potential top on the USD.

Disclaimer> This post is informational only. It is not trading or investment advice! Financial markets are inherently risky. Manage your position size carefully and honor your risk decisions which you and only you are responsible for!