Gold and Silver Outlook: XAU/USD, XAG/USD May Rise as Retail Traders Sell

Gold and Silver Outlook: XAU/USD, XAG/USD May Rise as Retail Traders Sell

Gold, Silver, Retail Trader Positioning, Technical Analysis – IGCS Commodities Update - Retail traders increased net-short gold and silver bets - This is a sign that these precious metals may rise next - With that in mind, what are key technical levels to watch? Taking a look at IG Client Sentiment (IGCS), retail traders have slightly increased their short exposure in gold and silver. IGCS tends to function as a contrarian indicator. As such, if the trend in positioning continues, …