Why a Gold Price Dip Could Be More Bullish Than Its Current 17% Rally

Gold (XAU/USD) price trades near $4,676 on April 3, up roughly 17% since touching a low of $4,105 on March 23. The rally looks convincing. However, a proprietary correlation metric, shifting options positioning, and a nuanced reading of the latest Commitment of Traders report suggest the current advance may be building on the wrong foundation. The post Why a Gold Price Dip Could Be More Bullish Than Its Current 17% Rally appeared first on BeInCrypto.