
Revisiting gold and its repetitive pattern

Payton Lee
Singapore Sales Trader
Back In November 2018, I wrote an article titled “Tarnished gold may come to shine” as our view at the time was that gold was bottoming in tandem with Federal Reserve rate hikes. Let’s revisit the precious metal: after its recent rally back to the psychological $1,300/oz level and its peak at 1346.80/oz, gold is once again shying away from the $1,350/oz handle.
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