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Character Change In The Precious Metals Sector

Published 01/28/2016, 12:03 AM
Updated 07/09/2023, 06:31 AM
XAU/USD
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GC
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The 4 year bear market in gold has programmed traders to expect failure. That is 180 degrees the wrong attitude to have this late in a bear market. At this point, instead of expecting failure you have to give every rally the benefit of the doubt.

The longer this bear continues the greater the odds become that one of these intermediate bottoms will turn out to be THE BOTTOM.

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