31 July 2022
Posted in
sentix Weekly
The starting position for precious metals continues to improve. The bias is increasing, and investor positioning has been reduced as much as last in 2019, which gives hope for further price gains.
For equities, the situation is developing unfavorably. A yearly high in sentiment is not underpinned by rising underlying confidence. Rather, professionals are signaling that they want to use the price recovery to reduce positions.
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