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Why Gold Stocks Are Performing Poorly

Published 02/08/2024, 12:45 AM
XAU/USD
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GC
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Gold has been going sideways now for several months with resistance at $2100.

With interest rates coming in the next few months central banks around the world have been buying gold and precious metals traders are expecting a big rally above $2100 to occur as that rate-cut cycle starts.

Yet, mining stocks are trading poorly. What is wrong with them?

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