Gold Price Forecast: Too early to fade the XAU/USD rally – TDS Gold XAUUSD Banks
“Price action in Gold continues to trade consistently with a strengthening uptrend, whereas our tracking of positioning for the top ten traders in China also continues to highlight an uninterrupted accumulation of Gold.”
“Gold may well be overbought, but price action and its underlying drivers still suggest that it is too early to fade the rally.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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