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August 1, 2010

Doc's Chop House

Friday's gold action, which nearly erased the losses of Tuesday's blowout day, furthered our case for the expectation of having seen a daily and intermediate low printed this week. If gold is to follow the modus operandi of previous moves out of intermediate lows, price should quickly regain $1200 and likely exceed the pivot at $1220 before ...

 

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