IBD - Gold Bulls on Defensive as US Fed Policy Seen 'Changing Soon'

October 13, 2016 3:39AM CDT

"Open interest has declined because of long positions liquidating last week on the big move down, and they haven't come back into the market," Bob Haberkorn, a senior market strategist at RJO Futures in Chicago, said in an email. "What's keeping gold lower for the most part have been comments since last week by various Fed members on a December rate hike, like what we heard from Evans last night."

To read the full article with Bob's comments, please visit www.investors.com


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