Gold Update: Are we past the last bottom?
Gold price held down by resistance level. Breakout would suggest the confirmation of next impulse higher.
US Dollar is in the beginning of the next bear market -->
Commodities are bullish -->
Commitment of Traders -- >
Long-term accumulation of Gold by hedge funds and institutions.
Current positioning showing possible bottom is locked in
US Dollar is in the beginning of the next bear market -->
Commodities are bullish -->
Commitment of Traders -- >
Long-term accumulation of Gold by hedge funds and institutions.
Current positioning showing possible bottom is locked in
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Penafian
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