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home / news releases / IAUM - Gold Chartbook - The Big Boys Are Playing Yoyo

IAUM - Gold Chartbook - The Big Boys Are Playing Yoyo

iShares Gold Trust Micro
  • The big boys and the bullion banks are playing their games in the gold market pretty successful for decades already.
  • In the very short-term, gold might remain under pressure, even though yesterday’s V-recovery is looking promising.
  • However, the daily chart is kind of oversold and hence in a promising position for another recovery rally.
  • To summarize, gold should soon rally towards US$1,960 again.

For further details see:

Gold Chartbook - The Big Boys Are Playing Yoyo
Stock Information
Company Name: iShares Gold Trust Micro
Stock Symbol: IAUM
Market: NYSE
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