BUZZ-Russian threat could drive gold much higher
* Putin issues warning to US with new nuclear doctrine urn:newsml:reuters.com:*:nL8N3MQ0FT * Demand for safe assets outside of U.S. likely to rise * Gold jumps to $2634/oz compared last week's low at $2536/oz * Drop from Nov's record high laid foundations for bigger rise * Gold went from overbought to oversold and based close 100-DMA * Faster, bigger rise may result if gold climbs back over 55-DMA $2642 * Traders pared fair number of bullish bets - less restraint on gold rising * The next target for the bull run is $3275/oz urn:newsml:reuters.com:*:nL8N3ML121 * Trump may need US to abandon strong dollar policy urn:newsml:reuters.com:*:nL1N3MQ0AH * <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ gold https://tmsnrt.rs/40X8der ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^> (Jeremy Boulton is a Reuters market analyst. The views expressed are his own) (([email protected]))
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