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Message: Re: gold starting bubble phase?

Jul 23, 2013 10:46AM

kim
Jul 23, 2013 11:03AM

One day past a minor downtrend break & they're already talking about bubble tops - amazing!

There is very strong resistance at the breakdown point (1550). With a "normal" trajectory, it looks like it could hit that by September, when the seasonals turn negative. That might be tough to overcome.

How about just playing a nice seasonal run and see where it takes us?


kim
Jul 24, 2013 12:07PM
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