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October 6, 2014

Gold Short Receives a Respite

Today's healthy drop by the U.S. Dollar Index, paired with a chunky bullish reversal session by gold, may finally deliver the temporary turning points we seek. Gold's reversal came off a test of powerful support... the twin 2013 lows... and so a move into a new intermediate cycle seems likely. I have therefore closed my gold short and will wait to see how ...


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