Gold continues to shine as the tariffs war now centers around US and China ...Middle East

Amid all the trade uncertainty and the fact that China is also opting to devalue the yuan in response, gold can still find reasons to benefit no matter the circumstance. The recent fall from record highs only adds to that allure as gold bugs had been waiting for some form of pullback/correction to step back in.

But for me, the fact that US and China are still butting heads on trade and the latter is opting to go down the route of devaluing its currency is a strong enough reason to retain a more bullish outlook.

This article was written by Justin Low at www.forexlive.com.

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