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Commodities Briefing - Categorized | Bullion/Gold, Commentaries, Market Moves more

The mass exodus from the gold market

Posted on 30 July 2012

Gold has been deeply out of favor lately, languishing in its usual summer doldrums. This sentiment wasteland is driving traders to flee wholesale, including the futures players. Their mass exodus from the gold market is readily apparent in futures data.
But provocatively such behavior is a powerful contrarian indicator, heralding the birth of major new uplegs in gold. Bearish futures traders are a bullish omen………………………………………..Full Article: Source


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VRS - who has written 48800 posts on Opalesque Commodities Briefing.


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