Gold, needs to rest?
Updated
Gold is struggling for five weeks now, and couldn't break the highs. Maybe it is the time to rest a little for bullish move starting mid July.
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price is at 2SD of 6 months price action, and IG retailers weekly sentiment index is at 65% long. Seasonality analysis suggests a bearish outlook between 2 July and 23 July. Would gold start to fade out?
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