Gold – The Bull Market Continues

After four corrective months and a final bloodbath towards the end of November, it looks as if the low is in! Gold – The bull market continues. Q3 2020 hedge fund letters, conferences and more ReviewOn August 7th, the price of gold hit a new all-time high of US$2.075 . At that time we warned of the temporary end of the gold rush. As a result, over the past four months, there has been tough and stretched correction, with several pullbacks towards the support zone between US$1.850 and US$1.865. By November 9th, gold prices had just recovered back to US$1,965 when the final bloodbath phase began …

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