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April 2, 2014

Gold Ready to Rise

Gold finally formed the daily swing low we have anticipated for a week, potentially marking the commencement of a new daily cycle. As you know, a swing low is a prerequisite, but not a guarantee, of a new cycle. However, given an aging cycle count, this swing holds a fairly strong change of being significant. We now need a close above the lower TrendBand to confirm ...

 

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