Loading ...Why do you care? Can’t you see the $gold lift off from 10/12? Sure, we are going to have a minor corrective action coming very soon. So what! The $gold Gurus have told us that this recent uplift is just a simple dead cat bounce. Nothing to worry about as $gold will very soon decline …down to $1200 or lower. Keep your powder dry, etc. Their logic is ever so simple: We did not have a capitulation low or a sentiment low enough to justify a real DEC. low. Plus this dead cat low came a week or two too early. So very many $gold analysts say keep your powder dry…watch out. Bob Moriarty, Jorden Roy Byrne, Avi Gilbert, Bob Loukas, P. Ramdowswki…The list goes on forever. However, they are just guessing and you can guess also. The trend is up and until it breaks below the 12/12 2017 low then just follow it. The trend is your friend….keep going long, buy the upcoming dips. jmho.
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