Gold Continues Churn In Tight Range
Kitco commentary - Gold continues to behave constructively on a technical basis. Gold bounced off support at $1,292 last week but continues to churn in a tight range. We would expect the Fed to remain neutral to dovish at this weekâ??s FOMC meeting, which should contain if not weaken any upward impulse in the dollar index.
Gold Treading Water Ahead Of Next Week's Fed Meeting
Gold is likely to continue trading in its recent range into the Fed meeting next week.
Gold Price Risk Is To The Upside
As per our comment last week we remain constructive on gold and continue to see the risk to the bear camp.
Opinion: Gold And The Other Metals: Are You Committed To Your Strategy?
I generally receive negative comments whenever I suggest gold looks heavy or that engaging on the buy side should await a break of certain levels. But to set the record straight, I have no issues with investors holding gold as a percentage of their portfolios.