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December 9, 2013

A Review of Gold's Cycle Configuration

Still Short, But Tenuously So

Gold's current trend configuration will make for a good case study some day. The topic of the study will focus on the roll of instinct versus objective analysis. Instinct, spurred mostly by gold's weekly view and the prospect of an accelerated dollar decline, tells me to be wary of a potential ICL in the making. However, the objective view, supported by both daily and weekly statistical readings, indicates gold's intermediate cycle is ...

 

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