
A NEW BUY ZONE ON GOLD ETF GLD — GOLD CAN GO MUCH HIGHER
By Nigam Arora & Dr. Natasha Arora Technicals In the short term, gold is very overbought and should pullback. Having said that, positioning in gold by institutions is very light. This means that if institutions start increasing their position, the pullback may only be shallow. Momo Crowd The momo crowd in gold