BUZZ-This may be a good time to buy gold

* Trump tariff threats should support safer assets urn:newsml:reuters.com:*:nL2N3MX0BW * Number of bets on gold rising have been significantly reduced * Longs last similar in May when gold dipped below $2300/oz * Gold retreated roughly $250/oz while longs reduced * Retreat from $2790 to $2536 satisfied needs for minor correction * Support at daily cloud base $2586 and 100-DMA $2566 is set to rise * Donald Trump by far most important factor to influence FX urn:newsml:reuters.com:*:nL2N3MX09R * * <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ gold and betting https://tmsnrt.rs/3Va3Jh3 Gold https://tmsnrt.rs/3CODera ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^> (Jeremy Boulton is a Reuters market analyst. The views expressed are his own) (([email protected]))