CAN ANYTHING STOP GOLD’S RALLY?
Bank of America warns gold’s surge may cool as it nears $4,000/oz. The metal has risen seven weeks straight, a streak that has always led to short-term pullbacks since 1983.Gold now trades well above key moving averages, and momentum indicators show overbought, bearish signals. BofA says a pause or pullback is likely before any next leg higher — possibly toward $5,000.The copyright of this article belongs to the original author/organization.
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