Gold Ripped Through That Major Resistance on White Hot US CPI Print: Ole Hansen, Saxo

Gold Ripped Through That Major Resistance on White Hot US CPI Print: Ole Hansen, Saxo



Gold’s inability to break above $1835 had since July supported a dislocation between rangebound gold and falling real yields. Despite the stronger dollar during this time, it can still be argued that gold has got some catching up to do, with real yields around current levels potentially pointing to a gold price above $1900.



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