Keeping in mind that the “hardest trade is sometimes the best trade” time to exit Gold. Stunning rally but its now 40% above its 200 day moving average which has to now be a fools bet. Commitment of Traders reports that Commercial Traders (aka Smart Money) now has the biggest short position on Gold in its history.
Gold can still be in a Bull Market but endure one helluva pullback.
Long Gold, but not for long.