gold heading south again6 Aug 2018 14:40
There is little doubt that the falling gold price is directly linked to this SP given it lows over the past few weeks. Gold is heading for a pounding again given that there has been a huge increase in short positions on futures. The interesting thing is, given the strength of the dollar where it will bottom out (if it crosses the 1200$ range). Either way it is a hold and see approach here for me, I see it as a sort of hedge so will drip feed into any more falls.