The expectation for a decline in gold has not changed. Market Makers continue to sell short and distribute gold shares to retail investors in preparation for this decline. Commercial Futures Traders are currently positioned for a decline in gold with a price target of 1517 (+/- 2%) by February 11, 2021. Upon completion of this decline, a steady move upward is expected to occur between 2021 and 2025 based on structural relationships with Commercial Trader positions in long term bonds.
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