Gold sentiment mixed as prices fluctuate.

1 min read
Source: Kitco NEWS
TL;DR Summary

Mixed sentiment in the gold market shows that it's not ready to make sustainable record highs just yet, with bearish sentiment having a slight advantage among Wall Street analysts. Rising market volatility could weigh on gold prices as the market remains in an uptrend. However, retail investors remain significantly bullish and look for the precious metal to regain its luster after a sharp drop on Friday. Analysts say that the dip should be bought as the long-term trend is higher, but gold's failed breakout at $2,080 an ounce could lead to some consolidation in the near term.

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