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StockItOut

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StockItOut

Re: None

Wednesday, 09/16/2015 4:33:15 PM

Wednesday, September 16, 2015 4:33:15 PM

Post# of 63744
Still no confirmation the Gold Bullish Percent, right?


Gold typically reacts with a drop on a rate hike, and then works its way higher over time.

Seems if rate hike tomorrow, many saying a 1/4 percent rate hike already built into the Gold price. So, a rate hike unlikely to affect Gold price much, if at all.

And if no rate hike, and in combination with today's miners strong move higher, Gold could confirm, and set itself to move higher on a new up trend.



My last post today.

Good luck. Good trading.

Go BAA!
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