There is something we saw based on last week’s closing prices that had 100% bullish efficiency in past few years. What is it, how we can use this knowledge?
Silver and mining stocks declined for another day, but this time gold ended the session with a gain. How can we interpret the latter? As a sign of strength?
In today’s analysis, we feature two analogies to the previous situations in gold which should make it clearer what’s likely to be seen in the coming months.
China has been accumulating a lot of bullion over the past decade. It is also the largest producer of gold in the world and – along with India – one of the biggest consumers of the yellow metal.
