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Gold- Sell The Rumor Then Buy The Rate Hike

Gold- Sell The Rumor Then Buy The Rate Hike

March 20, 2017

Gold moved lower as the Fed meeting approached and prospects of a rate hike reached a certainty. In my latest article for Seeking Alpha, I describe how the action in gold was a case of sell the rumor and buy the rate hike and why I believe the path of least resistance is higher even though the yellow metal will be presented with a series of challenges in the weeks and months ahead.

Article: Gold- Sell The Rumor Then Buy The Rate Hike

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