While You're Waiting for Nvidia to Report, Take a Look at Gold
- The earnings out of Nvidia (NVDA) are obviously going to be the main focus for investors this week. However, given that none of the geopolitical issues facing the world this year are getting any better, having at least a little exposure to gold is something that should be on investors’ minds as well.
- The DXY dollar index is suddenly showing signs of weakness. If it falls much further from here, it could/should signal more weakness going forward. If that…or any other issue…causes gold to break above its all-important resistance level, it’s going to be EXTREMELY bullish for the yellow metal.
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