Category Archives: Longs

Gold Rally Extends

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I guess gold got tired of bitcoin having all the gains, as it busted above its small basing pattern and is resuming its rally (I’ve got small short positions in GDX and GDXJ which I suspect will be stopped out instantly at the open Thursday). I’ve pointed out the gap which I’ve mentioned before as a possible target for gold’s recovery. (I’m typing this about midnight EST).

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