Gold is prime for a bigger breakout, according to these charts (via tradingnation)
index, or GLD, a popular gold-backed exchange-traded fund that hit a new 52-week high on Friday.
If gold prices do push past their five-year trading range, that would be a major green light for prospective gold buyers, O'Hara said. Mark Tepper, president and CEO of Strategic Wealth Partners, saw slightly less runway for the yellow metal. Gold outperforming copper for the last two months has been "a great risk-off indicator," Tepper added. "I do think it's great to own as a calamity hedge, but there's no inflation in sight, so I don't think the rally in gold is sustainable, and we'd only be owning it for protection purposes."
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Gold futures trade at highest level in 14 monthsGold futures climb Friday to touch their highest levels in 14 months, with the metal’s haven appeal getting a boost from geopolitical tensions, but prices...
Consulte Mais informação »
Gold Jumps to 14-Month HighPrices of the precious metal climbed as concerns about the health of China’s economy hit riskier commodities and tensions in the Middle East boosted haven assets.
Consulte Mais informação »
A Man Was Arrested For Living In The Attic Crawlspace Above His 14-Year-Old Girlfriend's RoomMatthew Castro allegedly told officers he had been living in a crawlspace and would sneak into the teen's room at night.
Consulte Mais informação »
Man Secretly Lived in Family's Attic Sneaking into 14-Year-Old Girl's Room at Night: PoliceMan secretly lived in family's attic sneaking into 14-year-old girl's room at night
Consulte Mais informação »
https://people.com/Get the latest news about celebrities, royals, music, TV, and real people. Find exclusive content, including photos and videos, on PEOPLE.com.
Consulte Mais informação »
Slideshow: 14 Reasons You Should Have Sex NowRegular sex can be good for your heart, keep your brain sharp, and make you happier, among other things. Find out more by browsing the WebMD slideshow.
Consulte Mais informação »