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Gold has been ‘Trumped’, here are the downside targets

Posted on 18 November 2016

The US election is not as scary as some gold bugs imagined. After a fall, and rebound rally, the gold price resumed its downtrend. Weeks ago we asked who stole the gold? Now we know the answer.
We re-assess the extent of the damage and the now limited potential for recovery. We start with damage assessment. The fall below the historical resistance and support level near $1,290 is critical. The rally was a dead cat bounce, and yes, we were caught on the wrong side of it……………………………………..Full Article: Source


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