Morning all. PoG is really walking a tightrope atm. Just $2 over the recent low and looking hard at new LT low at US$1090. If we see a close under $1080 then $1050 - $1000 are near certainties.
Just sayin'. If gold went significantly under US$1000 it would be a very big event in the world of finance! There would be a lot of action to take positions or get out. Interesting times.
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Daytrading November 5 pre-market, page-21
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