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March 19, 2014

Interpreting Gold and Dollar Cycles

TrendBands Come Into Play

Gold's retreat continued today with a healthy 2% plunge, producing a close beneath the daily UB. We now know without a doubt that the yellow metal is suffering a daily cycle decline. The debate now turns to a point about which both Russell and Deshy have inquired in the comments section. Is gold on Day 13 of a daily cycle destined to fail or has the cycle ...

 

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