Gold and Silver Price Pullback: A Buy-the-Dip Opportunity?

From forex.com

Both gold and silver have fallen over the past week, pulling back after a breakneck rally to start the year. While firmer risk appetite, rising bond yields, and a stronger U.S. dollar are popular narratives to explain the latest price movements, correlation analysis suggests other factors may be driving the unwind. With a quiet economic calendar and quarter-end fast approaching, price signals loom as good a guide as any for traders seeking fresh setups. chart Gold remains a buy-on-dips play despite the recent pullback, not only holding above the key $3,000 level but also the 50 and 200-day moving averages and the ... (full story)