“Gold’s safety component has been nullified since April. Investors have preferred holding cash over bullion while emerging market assets continue to be liquidated. Today we’ll look at the latest factors which point to a continued choppy, directionless market condition for gold in the immediate term. We’ll also discuss the immediate outlook for gold mining stocks, which is showing a preliminary (but important) sign of improvement…..”
“…I recommend that traders be on the lookout for actively traded mining stocks which are making higher lows right now and are showing relative price strength when compared with the XAU index….”
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