tangman

[Long] Gold putting in a significant bottom.

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AMEX:GLD   SPDR Gold Trust
It's just crazy how bullish on Gold every "smart person" that I read is. Many many smart macro analysts and fund managers are long-term bullish Gold.

And yet here we are, technically oversold in a massive shakeout dip. What a gift.

I think Gold downside is very limited here. This is a great entry for a long term bull market.
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