Gold: Is $1973 the Buy Zone of Champions?

XAU/USD -0.16% Add to/Remove from Watchlist XAG/USD -0.84% Add to/Remove from Watchlist DX -0.09% Add to/Remove from Watchlist Gold -0.14% Add to/Remove from Watchlist Silver -0.72% Add to/Remove from Watchlist XAU +1.26% Add to/Remove from Watchlist GDX +1.28% Add to/Remove from Watchlist Can pigs fly? Perhaps they can, but with US stock markets soaring and wage pressures intensifying, it's very hard to see the Fed engaging in aggressive rate cuts. USD-Daily Chart The current action of the fits with the "Less cuts, and not until later" scenario that US economic fundamentals imply. TNX-Quarterly Chart The long-term US rates chart. A…