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$1,391.7 gold futures

I think it's a bit early to be calling the top- I'm...

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Just4kicks

3,212 Posts.

454

03/12/21

14:03

Post #: 58053947
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Originally posted by AverageJoe: ↑

It will likely test the Sept low than bounce from this minor support. Likewise gold if it test the Aug low will remind of the April 2015 breakdown.

It would appear stagflation, bond yield up/down does not favor gold. The days of post pandemic exponential rally is a long distant memory, and it is death by a thousand cuts ever since. Every bounce is a good exit opportunity. It is what it is.

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I think it's a bit early to be calling the top- I'm sitting tight on my share holdings and even buying a bit during the "new wave" of covid.

Value at posting: $1,391.7
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