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China’s gold buying signals a possible rebound, analysts say
MarketWatch notes that China’s recent buying patterns have historically been a strong indicator for gold’s direction.
MarketWatch says China’s pattern of buying gold during price dips has been an informative signal for the market in recent years.
The outlet also reports that some analysts see evidence this behavior could point to a potential comeback for gold going forward.
The focus is on how China’s demand timing has, in prior cycles, aligned with shifts in gold performance.
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