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Gold Stays Afloat Despite Risk-On Markets

Discussion in 'Technical Analysis' started by Kaitlin, Jun 30, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Wednesday was another 'risk-on' day for the global financial markets, extending Tuesday’s bullish reversal as Brexit worries continued to abate. US and UK stocks surged sharply as crude oil spiked up on a much larger-than-expected draw in US crude oil inventories (-4.1-million-barrel draw vs. -2.3 million expected) as reported by[​IMG]

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