Gold Prices in Danger of a Key Turn - Here's Why
Trade Implications – Gold: Last week we claimed that the sharp build in retail forex selling suggested that Gold prices may head higher. Yet more recent price action leaves clear risk of a short-term top, and indeed retail traders have shown early signs of turning towards buying into Gold price weakness.
--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com
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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.