SentimentEdge report

Jason Goepfert

11-20-2020 at 11:30 am

ETF traders leave gold, pushing miners into bear markets

The amount of gold held by ETF traders has dropped more than 1.5% from the October peak, leading to fears they will leave the market and pressure gold prices lower. At the same time, more than 95% of gold mining stocks have moved into correction and more than 75% into a bear market.

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