28.06.2016 - Gold: Bears Are Trapped, Next Stop $1,400
Gold posted a massive weekly gain Friday of over 4%, despite the largest one day advance for the U.S. Dollar in 2 years. Gold is up over 14% this year as we head into its strongest half of the year seasonally. Brexit was a black swan event for gold bears, and most shorts were caught completely flat footed with commercial short positions in gold near all time highs...............................................Full Article: Source
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