Analysts are generally pessimistic about gold this week. Are the bulls "doomed"? Silver is currently continuing this trend! The long and short factors in the oil market are obviously opposed, and this week is more likely to go like this...
"It's hard to be pessimistic about gold," said JPMorgan's latest research note in the run-up to the US election. "Regardless of who wins, if the price of gold corrects, it will be a good buying opportunity," the bank said in its report. Gold trading is currently very active, and in the short term if the election result is unexpected, the market may be volatile. But JPMorgan believes that in the long run...