Tell me, whats changed? ..buy on dips! This is where you add"Technical overview of gold’s recent price action is forcing MKS PAMP Group to be cautious on gold in the short-term. “We are continually seeing selling on rallies, which leans me toward caution in the short term. Given the over-extended long positioning in gold coupled with inverted treasury yields (which seldom last long), there is risk towards a sharp, concise, downside correction,” says MKS. But, long-term outlook on gold remains bullish. “We still feel the momentum remains to the topside in the longer term, given global CB easing, a likely prolonged period of trade unrest and a host of geopolitical headwinds (Brexit/Iran/Argentina),” MKS adds."
https://www.kitco.com/news/2019-08-29/Rally-in-gold-to-receive-a-boost-from-these-3-key-events-TD-Securities.html
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