Pro-Risk Rotation Likely To Delay Gold’s Upside
December 25, 2019 at 07:00 AM EST
By Orchid Research BAR proved resilient last week despite the official announcement of a Phase 1 trade agreement between the US and China. However, we contend that the resulting pro-risk rotation is likely to delay the rally for BAR we had expected. Although risk assets are in vogue, the macro...