This post was originally published on this site. Gold has enjoyed a huge August, soaring in a massive breakout. These remarkable gains are making for one of dollar gold’s best months ever. Yet rallying so far so fast leaves many traders wondering if such a blistering move is sustainable. Extreme swings in one direction often soon mean revert the other way. But gold still remains far from being overbought, and August’s surge is a mean reversion itself from June. August has long proven a stronger month for gold. It marks the transition from lazy mid-summer trading during vacation season to...
August 29, 2026August 29, 2026
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