Gold and silver prices have pulled back after recent gains. @jpmorgan analysts recently said futures positioning in both metals is "very overbought," raising the risk of near-term profit taking or mean reversion. Longer term, the analysts still see a path for gold to reach $8,000–$8,500 over the coming years. Meanwhile, the analysts say bitcoin futures appear oversold and have seen little increase in positioning over the past year.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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