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Category: 3 – Gold Trader

Weekly update of precious metals stocks and ETFs and the price of gold itself, featuring Lee Adler’s proprietary cycle analysis, with market trend opinions and stock picks.

Gold Bear Market Begins

Cycles are in gear to the downside, except for the 4 week cycle, which has extended beyond its ideal bottom window. The 6-7 week cycle projection of xxxx is an outlier for now, but if projected channel support around xxxx breaks, this could turn into a steep, fast decline to much lower levels. The next support area is around xxxx.