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December 8, 2013

Oil and Cotton Cycles Receive Confirmations

Meanwhile, Gold Has a Cold

The coming week, and perhaps even the next couple of sessions, will be critical to the determination of whether gold will form a daily cycle low near the front end of its timing band or extend its cycle to test or break the June low. Over the last week, the yellow metal traded within a congestion zone between $1210 and $1250. Given a $40 range projection, a break out of this zone will either ...

 

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