Gold Price Jumps After Losing Streak. Why the Slump Is an Opportunity, Analyst Says. - Barron's

The mainstream finally catches up to what stackers know instinctively. Every pullback is a gift when central banks are net buyers for the 14th straight year and COMEX registered inventory sits near multi-year lows. This 'losing streak' they're talking about was barely a flesh wound compared to the structural bull market we're in. Physical premiums stayed sticky during the paper selloff, telling you everything about real demand versus futures manipulation. The analyst calling it an opportunity is right, but late to the party. Dollar-cost averaging through these moves has been the play since we broke above $2000. At current levels, we're still in price discovery mode with no meaningful resistance until we test previous cycle highs adjusted for real inflation.