Would you disagree that gold has stopped falling and is starting to show signs of strengthening over the last year?
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No I would not, gold is still in a downtrend. Here's a homemade chart of gold price vs CFTC net speculative positions which dived about 23,000 yesterday. The gold price tends to fairly closely follow the CFTC net speculative positions, so I think gold will fall early next week.
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