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Gold Reason to Hope No Reason for Optimism

Gold rebounded after hitting trend support. There’s regularly been an 8 week cycle pattern over the past year, and this fits that bill. The 13 week cycle projection has been reached. But the burden of proof is on the bullish case until gold clears xxxx. Otherwise the downtrend will remain in force, and we can expect lower lows.

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The strategy and tactics suggestions in this report are informational and general in nature, and illustrative of one approach. They are not investment advice. No representation is made that it is the best approach, will be profitable, or even suitable for any particular investor.

Nothing in this letter is meant as personalized investment advice and you should not construe it as such. Trading involves risk of loss, and in the case of options, the loss can be 100% of the amount invested. Any trading that you do with reference to strategies and tactics suggested in this report should be done only after consulting with your financial adviser. Trade at your own risk. 

Posted in 3 - Gold Trader
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