More than one way to ride a bull - shift tactics in gold as liquidity crunch caps rally, says Tastylive’s Vecchio

From kitco.com

In the last two weeks, gold has been a discouraging trade, to say the least. Despite renewed chaos in the Middle East, gold has been unable to generate a safe-haven bid, with prices starting the new trading week testing support near $5,000 an ounce. However, despite gold’s disappointing price action, the precious metal’s bull trend is far from over, according to one market strategist. Instead, investors may need to rethink how they position in the market, as there is more than one way to ride a bull. In an interview with Kitco News, Christopher Vecchio, head of futures and forex strategy at Tastylive, said that ... (full story)