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December 1, 2014

Monday Changed Everything Back

After the twist that gold's daily TrendBand reading gave us over the last two sessions, I am considering renaming the indicator to TrendKnots. Gold's break of its LowerBand Friday suggested a daily cycle decline had commenced, only to see price rocket back above the UpperBand today. So I will begin this evening's analysis with what I am sure will be a controversial statement ...

 

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