The gold market has shown itself to be somewhat bullish as the 50-day EMA has offered a little bit of a floor. Ultimately, I think this is a market that is going to continue to move with the latest interest rate moves and if interest rates continue to drift a little bit lower that should help gold overall. I’m using the 10-year interest rate in the United States as a bit of a proxy for risk appetite. As risk appetite picks up with lower rates, then it should help gold, which is a little bit ironic considering so many people look at gold as a safety trade and it can be, it just hasn’t been as of late. This can and ... (full story)