Featuring views and opinions written by market professionals, not staff journalists..Initial Timeframe: 2 April 2024 to 16 April 2024
Gold prices have risen to new record levels in recent days, moving in the opposite direction of CPM Group’s last sell recommendation. Prices look extremely over-bought at this time and seem to CPM to be likely to soften over the next few days. The decline could be sharp, with many short-term investors that have added fresh gold positions during the second half of March taking profits in response to any weakness in gold prices.
CPM has one-month, three-month ranges and eight-quarter quarterly price projections with greater discussion of the factors behind CPM’s analyses provided in CPM’s monthly subscription service,While short-term trade recommendations provide high risk – high reward opportunities for investors, it is difficult to capture the complex web of factors affecting precious metals prices and the nuanced CPM analyses of these factors that goes into our firm’s price projections.
is a commodities research, consulting, financialadvisory and commodities management firm providing independent research,analysis and advisory services related to commodities markets, corporate andproject finance, and the financial management of exposure to commodity orientedinvestments.
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