How Can an Intraday Rally in Gold be Something Bearish?

From goldpriceforecast.com

The precious metals sector soared sharply yesterday, only to fall in the following hours. This has more important implications than many would think. The precious metals sector soared sharply yesterday, only to fall in the following hours. This has more important implications than many would think. You already know the key thing about the current market situation, as I explained it on Monday – we saw key weekly (!) reversals across the precious metals market as well as in one of the key gold price’s drivers – the USD Index. If you read my yesterday’s analysis, you are well aware of the context in the case of ... (full story)