Gold Is Now Ready For The Next Leg Up

June 13, 2016

The price correction in gold ended abruptly last week when a Labor Department jobs report caused the dollar to decline and took the chances for a June interest rate hike by the Fed off the table. In my latest work for Seeking alpha, I explain why open interest data tells us that speculative froth has exited the gold market and now the price of the yellow metal is ready to make higher highs.

Article: Gold Is Now Ready For The Next Leg Up

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