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The current bullish trend in international gold is the strongest on record

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Commodity analystOmkar Godbole:

Friday Asian session, internationalgoldOne month risk reversal indicator(XAU 1MRR)Jump up to2.875The record high is far higher than before2009year11Record set by the month2.50The positive value of this indicator indicates that there are more bullish bets than bearish bets. In short, the bullish trend in international gold is currently at its highest level on record, and investors are further betting on gold's rise.
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