The gold chart cycles are currently showing mixed and directionless movements, with no clear signs of momentum in either direction. This suggests that the trading range is likely to persist until cycles align for a potential upside shift. A key setup to watch for a potential breakout could materialize in [specific timeframe or scenario]. As of now, the long-term uptrend remains intact, but a daily close below [specific support level] within the next week would challenge this outlook. On the other hand, a breakout above [specific resistance level] could spark a more decisive upward move. Non-subscribers can click here for access.
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In the miner swing pick list, there were 4 picks with an average gain of 5.2% over an average holding period of 3 weeks. Additionally, 26 charts presented short-term buy signals last week, with 16 triggered at major support levels. I’ve reviewed those charts, including 2 that were already on the list, and added 3 new opportunities for consideration.
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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.