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Palisade Metals Market Update: A Dollar Ripe for Reversal – Jordan Roy-Byrne

This week, Jordan Roy-Byrne, from The Daily Gold, provides us a mid-week market update on the precious metals markets.

Takeaways from this week’s market update:

● The gold price in foreign currencies compared to gold in US dollars

● The dollar’s distance from its 10 week, 40 week, and 80 week’s exponential moving averages

● Implications of a possible dollar correction and where gold would go

● Looking back at the gold market with a focus on net speculative positions

● Jordan’s take on market sentiment for gold right now

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