Gold Price Analysis – Gold Waits for War Headlines

We are hanging above the 200-day EMA, which in and of itself is a bit of a bullish sign, but I also recognize that we need to bounce, perhaps even take out the $4,600 level, to get anywhere near excited about owning gold.Interest Rates and Storage CostsInterest rates in America continue to be very high, and with that, I think you’ve got a situation where traders are watching the 10-year note to see whether or not those rates can come down because if they can, the reality is that it could give a little bit o ...