| The inverse correlation between the S&P 500 and gold prices is growing increasingly significant, reinforcing the yellow metal’s safe-haven credentials. Like oil, that amounts to an uncertain near-term outlook at the moment as sentiment trends look for direction with the global growth outlook in flux while the US debt fiasco continues to fester.
Prices are inching lower following a retest of support-turned-resistance at the underside of a rising channel established from the July swing low..............................................Full Article: Source
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