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March 24, 2011

Day 7 Drama

Day 7 is not the point within gold's daily cycle at which I would have anticipated a large, intraday reversal. However, a number of non-threatening explanations for such action come to mind. The first... and most likely, in my opinion... is that the market is simply trying to shake weak hands off the gravy train before the next big push higher. Consider ...

 

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