PRIVATE BLOG – Gold the August Rally (PRO)
PRIVATE BLOG – Gold the August Rally (PRO)
Source: Armstrong Economics
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DW NOTE
Armstrong Economics runs a subscription blog that tracks gold rallies by month. August exists. Gold is down 19% from January's peak after a 6.8% weekly bounce that has now fully retraced. That is not a rally worth naming — it is noise inside a seven-month drawdown.