“Up,” said Adrian Day, president of Adrian Day Asset Management. “It would appear that the pullback I called for is over! Gold’s resilience to any declines since the election is quite stunning. The reasons that people have been buying gold have not gone away, and we expect another assault on new all-time highs shortly.”
“Higher,” said Rich Checkan, president and COO of Asset Strategies International. “Stock market jitters and inflations concerns are enough to keep gold climbing.”
“Up,” said Darin Newsom, senior market analyst at Barchart.com. “It was foolish of me to change my view to down last week. Long-term investors in markets across the board are not interested in technical or fundamental analysis; they are simply looking for a safe-haven market given the continued geopolitical chaos and increased volatility created by the US administration and its allies.”
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