5.  Gold –  Bottom?
Gold looks to have found a bottom around longer term support zone of 1150.
Speculative futures positioning has been washed out; not quite to previous lows, but certainly back at the bottom of the range; reversing the extremes on the long side seen previously. RSI has turned up after going oversold, the psychologically important 1200 level will be key. Overall technical view: Bullish bias, but be on alert for any renewed weakness.
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Twitter:Â Â @Callum_Thomas
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