GrizzlyBearBee

Gold Update: Are we past the last bottom?

Long
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Gold price held down by resistance level. Breakout would suggest the confirmation of next impulse higher.
US Dollar is in the beginning of the next bear market -->
Commodities are bullish -->
Commitment of Traders -- >
Long-term accumulation of Gold by hedge funds and institutions. Current positioning showing possible bottom is locked in


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