Tuesday , 16 April 2024

Tag Archives: closed end bullion funds

Should You Become Bullish – Or Remain Bearish – On Gold? Here’s What the Indicators Say (+2K Views)

Gold has been mired in a descending triangle over the past year or so. From a technical perspective, such triangles are likely to be continuation patterns. Gold fundamentals have recently worsened a bit with the most obvious headwind being the continued strength in the U.S. dollar, but this isn’t the only indicator that has turned more bearish lately. This article is an update of the indicators we follow.

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