Yes, the Federal Reserve is going to raise rates, but gold is going to keep on climbing, as the Fed is behind the curve, and with the long end of the yield curve so low the Fed...
Thinking back over the last 30 years, it's hard to recall a single instance when traders ultimately lost money diving into stocks on 'bad' news. There was a hot mess of it on Friday..
The general sentiment among commodity speculators and commodity traders is that of an overall hyper bullish trend in soft commodities, industrial metals and energies.
Gold is approaching the resistance and it is doing so early on in the daily cycle. Not only does gold need to get through $1,835 area quickly, but also $1,880 within two weeks..