#PreciousMetalsPullBack Introduction
After a strong multi month rally, precious metals are finally showing signs of a healthy pull back. Gold and silver recently hit record or multi year highs, driven by inflation concerns, geopolitical tensions, and expectations of easier monetary policy ahead. However, no market moves in a straight line. The current pull back should be seen in context rather than panic, especially for medium to long term investors.
Why Precious Metals Are Pulling Back
The main reason behind the pull back is profit booking. When prices move too far too fast, traders naturally