What are gold futures market breadth in gold futures suggests

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Market breadth in gold futures suggests bullish undercurrents, with higher-than-average short covering seen in the past five trading sessions. This is a classic pre-breakout signal for commodities. % — a market-crushing outperformance compared to 191% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor . Monetary value of all finished goods and services produced within a country; broadly measures overall economic activity. With Chinese retail gold demand rebounding post-lockdown, futures markets are pricing in sustained Asia-driven support, particularly in Q4 contracts.

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