I think that the trend is clearly down. Pullback rallies should be sold into. This has been the stance for the last two and a half months and it remains. So do not get carried away with the uptick. I think that is the advice that we are putting out to our clients as well.
Gold appears set for a rebound as it regains safe-haven appeal after US-Iran war selloff
Gold has recovered nine percent, signaling renewed investor and central bank interest. The precious metal is now positioned for further gains after market shocks. Lower