The UBS analysts stay bullish on gold’s outlook and recommend ‘buy the dips’ strategy amid looming macro uncertainty. Key Quotes: “Investors look to buy dips in gold. A bias to be long. No rush to build substantial positions, many are looking to opportunistically add to positions. Helping to keep dips shallow and the market well supported. ETFs have been steadily adding to holdings. Market remains quite sensitive to fluctuations in risk sentiment. Yet given lingering macro uncertainty, gold’s appeal as a hedge and diversifier is also in focus, allowing prices to stay resilient despite a strong dollar and equities hovering at all-time highs.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/CAD Price Analysis: Wedge breakout fails to inspire bulls FX Street 2 years The UBS analysts stay bullish on gold’s outlook and recommend ‘buy the dips’ strategy amid looming macro uncertainty. Key Quotes: “Investors look to buy dips in gold. A bias to be long. No rush to build substantial positions, many are looking to opportunistically add to positions. Helping to keep dips shallow and the market well supported. ETFs have been steadily adding to holdings. Market remains quite sensitive to fluctuations in risk sentiment. Yet given lingering macro uncertainty, gold's appeal as a hedge and diversifier is also in focus, allowing prices to stay resilient despite a strong dollar and equities hovering… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
