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A Contrarian Perception Of The Gold Market
Having dipped sharply on Tuesday gold looks set to consolidate as the markets head into the Easter weekend, but what’s on the cards for the coming months? First, lets take a look at the fundamentals. An interesting situation has unfolded over the past month or so, whereby risk sentiment looks to have completely reversed. The gold rally that saw the precious metal hit fresh 2014 highs during March unwound in a matter of days, and the medium term momentum now sits squarely with the equity market bulls, and in turn, the gold bears. The question is however, is the market justified in its bias? Uncertainty It all comes ... (full story)