This Indicator Says The Price Of Gold Is Now Headed Above $1,700

Posted by King World News

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Jason Goepfert of SentimenTrader pointed out that while small speculators have been puking up long gold positions in the paper market, the “smart money” has been buying GLD (see chart below).

…read more HERE

…related: in the most recent Committment of Traders – Speculators Close Gold Positions

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