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Wall St. Leans Neutral/Sideways On Gold Prices, Main St. Bullish

Monday, 15 July 2019 13:42 WIB Gold Outlook Gold Corner

Wall Street traders and analysts are undecided or else look for gold prices to be sideways this week, while Main Street remained bullish, according to the weekly Kitco News gold survey. The largest block of Wall Street voters were in the neutral/sideways camp, while the rest were nearly evenly split between bulls and bears. This was the first time Wall Street was not bullish since May 10, when the professionals were also neutral. Sixteen market professionals took part in the Wall Street survey. A total of seven voters, or 44%, called for gold to be either sideways or are neutral. There were five votes, or 31%, for higher, while four respondents, or 25%, look for the metal to...

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