Gold’s volatility could keep retail investors on the sidelines, raising the risk of further downside - DeCarley’s Garner
From kitco.com
The gold market has managed to push back above $4,500 an ounce; however, according to one market strategist, volatility in the marketplace is keeping many retail investors on the sidelines, and that could create further downside pressure in the near term. In an interview with Kitco News, Carley Garner, co-founder of DeCarley Trading, said she still prefers to sell rallies in gold; however, she noted that the wild price swings are proving exceptionally difficult for traders, and nobody is making any money. “It’s a really high-risk market at this point,” Garner said, noting that extreme volatility and elevated margins ...
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