Gold has spent the best part of the year under heavy selling pressure, but several clues point towards its potential to break this trend. We can see on the weekly chart that bears have had a field day since the 2018 high. Most notably its fall from 1365.01 to 1160.25 showed little in the way of pullbacks, and even the subsequent rebound has been modest as far as corrections are concerned. However, asmanaged funds are near their most bearish net exposure on record, the commodity is vulnerable to rapid short-covering if market sentiment changes abruptly. And with price action making its way off the lows already, this ... (full story)