Gold Appeal is Growing as Trade and Currency Wars Materialize (Quick Take Video)

Talking Points:

• Trade war antics are not new, as the US in particular has been pushing efforts to renegotiate (NAFTA) and cancel trade relations
• Yet, news this past session that the US President intended to implement an aggressive tariff on steel and aluminum raised concerns
• The risk a trade war imparts on the Dollar and global currencies only further complicates other issues devaluing the majors

See how retail traders are positioning in Gold relative to indicies and other major currencies as volatility picks up alongside concerns of financial stability on the DailyFX Sentiment page. (

Source: DailyFX - Forex & Macro News (via YouTube)
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