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  1. 9,081 Posts.
    BH .... c.$850 is my worst case scanario and if it does eventuate I certainly will not "sweat the small stuff".

    That said the current pullback may be not that severe - gold could consolidate $970 - $930 before the next advance.

    The odds on a move down to the $850 support are 50:50 and, as I said, such a move would not surprise me.

    Hopefully the more optimistic scenario will prevail.
 
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