
Wall Street cautious after gold’s lack of follow-through, Main Street bullish with Fed decision on deck
The latest Kitco News Weekly Gold Survey showed Wall Street bearish or undecided on gold’s near-term prospects, while Main Street sentiment remained improved after the yellow metal defended $4,000 support once again.
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Retail investors remain confident in gold despite recent selling as healthy profit-taking replaces panic, says EverBank's Gaffney(Kitco News) - Although gold continues to struggle near $4,000, support is holding, and retail investors are showing little sign of capitulation, according to one market expert, who said the current selling reflects disciplined profit-taking rather than financial distress.










