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Wednesday, October 08, 2014 7:24:49 AM
GOLD:4 charts: We now have a triple tag bottom which in the indices would invariably get taken out. I assume the same for GOLD, yet it doesn't have to I guess. SILVER had the same basic pattern and poked through already.GDX has a good long term fork tag at the bottom right now, yet XAU chart at the bottom has a similar pattern that has broken through. I'm thinking GOLD needs a small bounce here and then will decide if it wants to make a lower low?
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