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RE: IS GOLD READY TO TAKE OFF? OR IS IT GOING TO DIP AGAIN?
I think it's got a bit of upside left, but a great deal with it is going to depend on the equity markets and any updates on the Fed's Unwinding Program.
Nice post; thanks for sharing!
This is a major trendline that it's tried to break and has failed multiple times.
something i repeat often to traders i mentor....technical analysis is great. until it isn't.
and the price of gold isn't isolated where you can look at a trendline and assume it'll have to bear any relevance on the right sort of news.