Gold Price Chart Of The Day

February 12, 2017

Surprises In a bull market come to the upside. Hence, it’s never advisable to lose one’s core position. This rally isn’t going to top until sentiment gets excessively bullish. Right now sentiment is dead neutral. Consequently, it will take 5-10 more weeks before sentiment reaches 75% or higher.

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In 1934 President Franklin Delano Roosevelt devalued the dollar by raising the price of gold to $35 per ounce.
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