Sunday , 26 May 2024

Tag Archives: gold cup-and-handle chart

Will Higher Interest Rates Result In Lower Gold Prices?

It is my view that gold is in the Phase III of its Cup-and-Handle chart formation and the next breakout will bring it to $1,375 level. While It is possible for gold prices to fall below 1,200, or below 1,000 later, as many believe, I see that as unlikely. This may happen only if...

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