the 50 day and 200 day MA's about to cross, the 'death cross'.
Last 2 times it happened gold fell 18% and 9.1% respectively.
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& then quickly crossed back to the upside. Looks to me to be a great buy signal.
As for the fundamental reasons given I am dumfounded to think anyone can believe the propaganda being spread.
Gold will retain its value until false religion is eliminated(soon).
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