US elections will push gold to hit $1,500
By GCRU Gold News on Monday, October 31 2016, 22:43 - Permalink
Gold is on course to head as high as $1,500 per ounce, according to a technical analyst, who says the current environment will disrupt the usual inverse relationship between the U.S. dollar and the precious metal.
According to Ron William, Founder & Principal Market Strategist at RW Market Advisory, the impending presidential election will create an anomaly to normal market moves as investors pull back from risk exposure around the November 8 vote.