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December 16, 2013

December FOMC Meeting and Gold

Gold traded in a $24 range today, making attempts at both a strong rally and a strong sell-off, only to end about two bucks from Friday's close. Neither the high nor the low of the session violated any important levels. In other words, today's gold action was just a bunch of noise. Will will need to wait a little longer to learn whether gold's current daily cycle will ...

 

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