Hmmm.
So the day Trump was elected NSt was up from memory 7% and then reversed quite strongly to where it is now. I believe gold and stocks are heavily oversold now. Should get a bounce soon.
For your information, rising interest rates don't cause the gold price to go down per se. It has more to do with central banks not keep interest rates up with real inflation which the market will start pricing in in January when Trump takes office and the 1 trillion infrastructure spending starts.
Wouldn't be surprised to see a double bottom or even a reversal come start of January.
Fundamentals have changed, page-76
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