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October 31, 2013

Nothing Changes

Let's jump straight into the topic on everyone's mind: today's selling in the precious metals complex. With the appearance of a crawl beneath its 150DMA, we were looking for gold to extend through the moving average or, at worst, continue the crawl. So a nearly 2% pull-back is a little disappointing. But we don't base trades on disappointment. We trade facts, and the fact is that today's action ...

 

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