Note: With Gold Technical Excerpt
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The rigor and methodology are the point for GoldFix subs. This is top shelf stuff even if you aren’t a subscriber to his work. It’s worth a listen if you are an active technical trader.
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Gold is higher. Do not get excited in a macro bullish way until/ unless it gets above 2049.20
Today’s activity is the sign of a market with no fresh news being driven by traditional correlations. The dollar is down, gold is up. Unless it gets above that price, or below $1994.70 (Michael’s downside area) trade the range, don’t get married to a position
