On the month itself, gold is still down around 3.5% and poised for its first monthly loss since June. And if this holds, it would be the biggest monthly loss for the precious metal this year. That says a lot about how bullish sentiment has been for gold during the last twelve to fourteen months, that only a 3% drop sounds "bad".The rebound last week week helped to limit the post-election stumble in gold. But buyers were dealt a setback earlier this week. I would argue some added profit-taking also had something to do with it. In any case, it dragged gold down to test the 38.2 Fib retracement level of the rebound last week before buyers stepped in. Here's a look at the near-term chart:The bou
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