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Gold rebounds but more pain than gains likely

Gold and silver have both rebounded today, along with equity markets. But after last week’s big falls, more pain could be on the way for gold bulls than gains this week. As we reported the possibility earlier last week, safe-haven gold continued to head lower despite widespread concerns over the outbreak of coronavirus. However, I …

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Gold about to turn lower again?

With risk assets rebounding off their lows this afternoon, safe-haven gold, which has stopped going higher over the past couple of days, could turn lower soon. If it does, this is one of the ways to potentially trade it short: This is somewhat similar to the short gold trade that was taken on Tuesday, which …

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