Everyone was surprised when the precious metal was growing on the back of a stronger US dollar and rising US Treasury bond yields. The old correlations are returning, creating a tailwind for XAUUSD. Let's discuss this topic and make a trading plan. Gold, while lacking the trump cards of corporate profit growth and AI technology that have propelled the S&P 500's 15% rally this year, has its own unique drivers. The loss of confidence in fiat currencies, spurred by massive monetary easing from the world's leading central banks, is one such driver. The SNB's rate cut and the Bank of England's upcoming move in August have ... (full story)