https://www.steelldy-indices.com
This week, Mike Roy reviewed two important ratio charts that help understand gold's position in its long-term bull market and where it may head next.
The first chart is the crucial long-term gold/DXY ratio. DXY itself is a ratio chart measuring the relative strength of the U.S. dollar against a basket of major…
On the last day of June, gold traded at $4,023 per ounce. Oversea-Chinese Banking Corporation (OCBC), a major Southeast Asian bank, lowered its year-end gold forecast from $5,100 to $4,360, citing rising real yields, a stronger U.S. dollar, and a more hawkish Federal Reserve policy.
https://www.steelldy-indices.com
The bank also reduced its silver forecast by about…
Analyse de marché