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Can Gold Make Another Push Higher This Year?
Gold prices continue to push higher on Tuesday as safe-haven inflows and fresh Chinese central bank demand keeping prices underpinned. I wrote recently how gold has settled into a make-or-break structure over recent months. Given the upside momentum we’re seeing here, risks now appear skewed to a break above the late November highs and a resumption of the bull trend towards 2024 highs and beyond. Rising geo-political tensions linked to the toppling of the Assad regime in Syria have given investors fresh cause for concern this week. With global political leaders scrambling to get a read on the situation, risks of ... (full story)
