Gold: 6 things to look out for

From blog.hycmlab.com

The gold markets have been challenging to trade recently due to a stronger dollar. You may have been puzzled why real yields were dropping lower, but gold seemed so slow to fly higher. Why? It was the strong USD that was clipping gold’s wings. Look at the chart below and see how gold moved rapidly higher in May and June, but only as real yields and the USD moved lower.Right now we can see that the drop in real yields is not being accompanied by a falling USD, so gold is only nudging higher. Six things to watch Real yields: Falling real yields is good for gold, and rising real yields is bad. However, look at real ... (full story)