Markets
Why a pullback could be a stronger signal than gold\'s 17 percent rally
Gold has rebounded 17 percent from a March 23 low of $4,105 an ounce to around $4,676 on April 3, but the basis for the rise remains unstable. BeInCrypto assessed that a pullback could build a stronger foundation because the rally has not fully broken its correlation with oil. Options and CFTC data show increased bullish bets, while key technical levels include $4,802 as a condition for further gains.
