Full Article: How Will Gold End 2017?
By: Arkadiusz Sieron
November was rather dull for the gold market – the price of the yellow metal increased more than 1 percent, but it remained within the recent tight range. Actually, gold prices have been stuck in one of the narrowest trading ranges for years. How will the golden vehicle finish the final lap of the year? Will it finally jump above $1,300 or will it bottom, just as 2015 and 2016?
To answer this question, let’s analyze the most important long-term fundamentals of gold. First, as the chart below shows, the U.S. dollar weakened in November due to the increased uncertainty about the prospects of tax reform.
Full Article: How Will Gold End 2017?
By: Arkadiusz Sieron
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