MarketWatch Premium: Gold prices have been surging, but the rally is on shaky ground


Gold’s path of least resistance over the near term is down.

That’s because the gold market timing community is overwhelmingly bullish right now. That’s a bad sign from a contrarian point of view. It means that the sentiment winds will be blowing in the direction of lower prices for the next few weeks.

I hope I need not remind you that this…

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