InvestorPlace - Stock Market News, Stock Advice & Trading Tips
On a short-term basis, gold had become a little too popular for its own good. Prior to the steep selloff, professional money managers had accumulated their largest net position in gold in more than four years. The CFTC, a contrary indicator, suggested that gold was ripe for a downward reversal.
The post [Weekly Roundup] Is the Gold Rally Over After Last Week’s Tumble? appeared first on InvestorPlace.
More From InvestorPlace