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A Golden Christmas

From cityindex.co.uk

The final two weeks before Christmas is typically a time when market activity is grinding to a halt with Christmas parties, shopping and holidays taking precedence. However this coming week is set to be one of the biggest of the year with a host of important events on the calendar including the UK general election, interest rate policy meetings for the ECB and Federal Reserve and most importantly President Trump's decision on new tariffs due to be implemented on December 15. Gold is traditionally one of the best hedges to hold when there is a long list of short term unknowns. However, none of the factors mentioned ... (full story)

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  • Category: Technical Analysis