Gold is struggling to break out of consolidation, with prices capped below $3,400 an ounce. Still, the metal remains well-supported despite easing global uncertainty and shifting trading flows, according to Société Générale. The French bank said short-term risks are emerging as uncertainty begins to normalize. However, analysts stressed that downside risks remain limited. “ETF flows have remained stable, and the moderate managed money unwinding has, if anything, left us with a firmer footing, as this is the most volatile component driving price moves,” the analysts said. Société Générale has maintained a bullish ... (full story)