Gold: Where Has The Inflation Hedge Fled?

(Investing.com) - If gold sustains pricing below $1,700, it will confirm a double top of historic proportions. On the other hand, the current support cluster may be offering an excellent long opportunity.

Fundamentally, USD appreciation is taking a toll on the metal rather than the anti-inflationary protection being lost for good.Gold daily chart.


By Petros Steriotis
July 17, 2022

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