Gold has bottomed against long term monthly support, I anticipate a rally from this juncture. I'm entering longs in gold and junior miners to benefit from this setup. Very high probability technical trade.
Best of luck,
Ivan Labrie.
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Looks like the analysis is correct so far.
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Unless gold climbs back over 1260 in a rush, it is doomed...stops sit at +- 1250, holding in case it does bounce. It's mainly a hedge for equities positions.
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The miners fared better than gold here but look like a top already.