Gold’s rally has nearly run its course

by | Feb 5, 2024 | Stock Market

Contrarians expect gold to remain stuck in its trading range for a while longer. That’s because gold market timers are neither excessively optimistic (which would suggest gold would break down) nor excessively pessimistic (which would suggest gold would break out to the upside). Gold’s trading range, which extends roughly back to the beginning…

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Contrarians expect gold to remain stuck in its trading range for a while longer. That’s because gold market timers are neither excessively optimistic (which would suggest gold would break down) nor excessively pessimistic (which would suggest gold would break out to the upside). Gold’s trading range, which extends roughly back to the beginning…

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