By Jeremy Boulton — Nov 19 - 05:45 AM
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Putin issues warning to US with new nuclear doctrine nL8N3MQ0FT
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Demand for safe assets outside of U.S. likely to rise
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Gold jumps to $2634/oz compared last week's low at $2536/oz
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Drop from Nov's record high laid foundations for bigger rise
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Gold went from overbought to oversold and based close 100-DMA
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Faster, bigger rise may result if gold climbs back over 55-DMA $2642
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Traders pared fair number of bullish bets - less restraint on gold rising
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The next target for the bull run is $3275/oz nL8N3ML121
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Trump may need US to abandon strong dollar policy nL1N3MQ0AH
Source:
Refinitiv IFR Research/Market Commentary