Gold still on track to Rally

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Gold has had its breakout above 1700, and should continue to rise. Which does seem to contradict a rising market – since gold is generally supposed to have a negative correlation with the markets.

However we can see gold seems to be moving in sync with the broader market. I imagine we will see moving shifting from equities into gold and other safe havens progressively over the coming 2 months, before the next earnings season.

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  • 03 Jun 20
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Gold

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