18.06.2018 • 12:00 GMT
Gold Breaks Deepest Quiet in 17 Years, But Trend Requires More
John Kicklighter
• Gold's tentative breakout this past Thursday was a move of necessity which contributed to its sharp reversal into Friday
• Exposure to risk trends (as a haven), inflation pressures (as a hedge) and alternative to currency can issue volatility
• True trend for the precious metal will arise from systemic risk trends or collective FX depreciation - both bullish biased
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