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Gold: Surges on Tariff Fears
The gold market rallied significantly during the trading session on Friday, gaining well over 1% as the United States is now starting to talk about tariffs on most countries around the world again, and of course has suggested that tariffs on Canada will increase August 1. This has the markets worried about the tariff war heating up again, which has never really ended. As the markets tend to pay attention to one or 2 specific things at a time, it’s not surprising that we had forgotten about that.The technical analysis for this market depends mainly on the timeframe you’re looking at. Over the last couple of ... (full story)