March 04, 2019

Gold opened down $5.00 (-.38%), well below the $1,300.00 resistance level on the news of progress with the ongoing trade talks between the US and China.   Anticipation of resolution between the two economic powers increases the appetite for riskier assets and away from the safety of bullion.  Gold is currently trading down $10.70 (-.82%) at $1,288.50.