A Correction Within a Medium-Term Downtrend?
Gold is after quite a visible upward correction. Looking back, it might look bullish, but if we look a bit further, we will find something quite the opposite.
Today’s short-term analysis will once again be in video format. However, to make a long story short, the precious metals sector declined yesterday, and what we wrote previously remains up-to-date.
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Przemyslaw K. Radomski, CFA