30 June 2019
Posted in
sentix Weekly
Gold positioning now relatively bullish
In recent weeks, investor interest in gold has increased significantly. The rise in prices reflects the purchases of investors, who have finally followed their positive basic convictions of recent weeks. In the short term, this exhausts the price potential. The strategic bias remains strong, but the portfolios are now invested in favour of gold. An interim consolidation, triggered by profit-taking, could then prepare a positive continuation of the trend.
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