The Global Precious Metals MMI dropped by nearly 3% this month. Palladium dropped the most, though silver also looked comparatively weak. {chart} Gold Prices Trends: Bullish or Bearish? Gold has started to trade within a range formed by swing lows and highs. A break above either range will clear up the overall direction. Without a “big picture” view, the overall direction remains unclear.{chart} According to a recent article, at least three gold analysts have a more bearish opinion of gold for the longer term. The analysts include James Steel, Chief Precious Metals Analyst at HSBC Securities and Suki Cooper, ... (full story)