– Two-month downtrend looks ominous for gold bulls. – Risk aversion may provide a bulwark against further sharp losses. The latest IG Retail Sentiment Indicator shows that traders are 84.4% net-long of the precious metal but recent changes in net-longs gives us a mixed spot gold trading bias. Spot […]
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( Kitco News ) – Even though, the precious metals market will be able to survive its current downtrend, ultimately the marketplace […]
* Federal Reserve June minutes due at 1800 GMT * Spot gold may retrace to support at $1,248/oz – technicals * Dollar […]
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