More bad news about gold?

The attitudes to gold have deteriorated seriously over the past month. But in May, something interesting happened.
Despite the fall in the price of precious metal, positive attitudes among investors have risen seriously. This, according to analysts, is a counter-indicator and may point to impending weakness and trouble for the metal.
Countertraders are recalling that such an environment has led to a serious depreciation of the noble metal in the past.
In a downturn of $13 in the price of gold this month, metal analysts' recommendations in the short term have risen by 42 percent.
We can not fail to recall that next month the Fed will meet. Although the expectations for interest rate hikes in June have fallen sharply, in the last few weeks and following the shorthand of the committee meeting last month, such an event remains a threat to gold.
A potential rise in interest rates at a June meeting could lead to a rise in the dollar and a cheaper precious metal.