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Gold Bugs Getting Zapped

by Archer Financial Services | Aug 01, 2018
By Blake Robben
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Gold is one of the worst performing commodities in 2018, down over 12% on the year.  Negative sentiment and the Federal Reserve’s current policy of raising short-term rates has weighed on the yellow metal for months.  What will change its course?  Let’s look at the December Gold Futures for clues of a turnaround. 

December 18 Gold Futures - Daily

Gold Futures Chart

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Futures and options trading involve significant risk of loss and may not be suitable for everyone. Therefore, carefully consider whether such trading is suitable for you in light of your financial condition. The risk of loss in trading futures and options can be substantial. Past results are not indicative of future results or performance. The views and opinions expressed in this letter are those of the author and do not reflect the views of ADM Investor Services, Inc. or its staff. Research analyst does not currently maintain positions in the commodities specified within this report. The information provided is designed to assist in your analysis and evaluation of the futures and options markets. However, any decisions you may make to buy, sell or hold a futures or options position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to ADMIS. Copyright ADM Investor Services, Inc.
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