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The Gold price has been under pressure for some weeks. Strategists at Commerzbank analyze XAU/USD outlook.
Declining investor interest can be seen from the marked fall in gold ETF holdings since the beginning of June.
The picture is similar as far as speculative financial investors are concerned: they have likewise reduced their net long positions considerably of late.
The withdrawal of investors has thus contributed to the price weakness in recent weeks.
See – Gold Price Forecast: XAU/USD unlikely to enjoy big gains for a while yet – TDS
風險提示：本文所述僅代表作者個人觀點，不代表 Followme 的官方立場。Followme 不對內容的準確性、完整性或可靠性作出任何保證，對於基於該內容所採取的任何行為，不承擔任何責任，除非另有書面明確說明。
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