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Sunday, May 28, 2017 9:31:55 AM
By Carl Swenlin | May 27, 2017
GOLD
IT Trend Model: BUY as of 5/22/2017
LT Trend Model: BUY as of 4/12/2017
After last week's sharp advance, gold consolidated until Friday, at which time it broke upward again. Sentiment is still bearish.
Gold's weekly PMO continued to rise, and it appears that another attempt to break out of the triangle formation is in the cards. . .
http://stockcharts.com/articles/decisionpoint/2017/05/decisionpoint-weekly-wrap-5-26-17.html
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