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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (46841)	7/27/2018 3:01:36 PM
From: Intrepid1	Read Replies (1) of 203605

Hey Goose, This rather lengthy article by Adam Hamilton poses that massive short covering will catapult gold much higher. Would be nice. But we have all heard this before. Is he correct? Gold continues to drift near summer-doldrums lows, feeding and intensifying bearish sentiment. But an exceedingly-bullish event just happened which will ignite a major new upleg. Speculators’ gold-futures short positions have soared near all-time record highs! That means the recent heavy gold selling is exhausted, and massive proportional short-covering buying is imminent. That will catapult gold much higher.... *http://news.goldseek.com/Zealllc/1532710800.php*

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