Shanghai Gold exchange has increased the trade margin for some gold futures contracts
Not bullish, at the margin.
Gold had managed to retrace the losses on Trump’s comments earlier:
- Trump backing away from tariffs, backing away from firing Powell – will it last?
- Trump says he has no plans to Fire Federal Reserve Chair Powell
- Trump says he is going to be very nice to China, they have to make a deal
Losing some ground now:
This article was written by Eamonn Sheridan at www.forexlive.com.
