Citi says gold could get sold off after the US election ...Middle East

Wall Street Journal convey the info from analysts at Citi:A win by Trump, who proposes tax cuts, would likely support equities instead of goldGold fell by 8.2% in the month that followed Trump’s 2016 victoryGold is held by some as a hedge against uncertainty, has tended to struggle in the weeks following most U.S. elections since the 1980sCiti still like buying dips:bull market remains intactexpect prices to rise to $3,000/oz over the next six months (weakening US labor market and rising ETF demand) This article was written by Eamonn Sheridan at www.forexlive.com.

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