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14/10/24
10:41
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Originally posted by captjohn:
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Two up....All Goldies S.P. worldwide dropped when The SPOT Gold price had its first correction in many months !!...All time S/P high was about 2775 from memory .... & over about 2 weeks dropped to 2618, . a very healthy correction IMO .. The idea is to sell at some at $1.44 ish & start rebuying parcels at the 20 day M.A. & more at the 50 DMA... So IMO everbody forget about 'diamond patterns ' & watch the spot Gold price rise up from now on... .SPR could stay in this accumulation range until a positive announcement is released ....then Boom Boom .... 15-20% jump to next level .....I can be patient .... cheers captjohn
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Correction;Future Gold got to about 2775 ... but was all time high ....& overbought !!!!!