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Gold May Be Bottoming?




Gold's sideways trading has been producing higher minimums, which may be part of the signals why it might be bottoming. It has recently dropped to 1,281.30 $ (July 31st), but has surpassed the 1,308 $ level today.

More and more analysts are talking about a possible bottoming developing.

The Russia-Ukraine crisis has sparked more demand for gold as safe haven.

The more the trade and financial warfare between the West and Russia intensifies, the more strength the bulls wil gain.





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