Gold prices are now on track for the best week since the middle of March and retail trader bets are starting to shift towards downside exposure. Is this a bullish signal for XAU/USD?
Gold prices are on track for the best week since the middle of July. Yet, retail trader positioning continues to offer a bearish contrarian outlook. What are key levels to watch?
Gold prices are on course for the worst 2-week drop since early July and retail traders continue boosting upside bets. Will XAU/USD continue lower from here?
Gold prices plunged the most since the summer of 2021 last week and retail traders are not slowing their upside exposure in XAU/USD. Things are not looking good as the new week begins.
Gold prices have weakened in recent days amid surging Treasury yields and a higher US Dollar. With retail traders becoming even more bullish, the outlook for XAU/USD is not looking good.