Jordan Roy-Byrne, CMT, MFTA |
TheDailyGold: Important Macro Update for Gold....
Published: Fri, 10/20/23
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There is a saying in the technical analysis world.
"From false moves come fast moves." Gold broke below $1900 and even below $1850 briefly. But then it reversed hard and is already back up at $1985-$2000 resistance. The September decline was a false breakdown in Gold. This is not a geopolitical move like in Q1 2022. There are other things that are pushing Gold higher, even amid US Dollar strength. Click Here for Gold Macro Update Video- 7 Minutes This next video is a few days old but it includes important Gold CoT analysis as well as full breadth indicator analysis for the gold stocks. Click Here for Stealth Bottom in Gold & Miners Video- 10 Min --------------------------------------------------------------------------------- In TheDailyGold Premium.... ---------------------------------------------------------------------------------
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