"No warning can save people determined to grow suddently rich" - Lord Overstone
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Gold •10 mins | 1,201.40 | +0.30 | +0.02% |
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Platinum •10 mins | 797.80 | -0.80 | -0.10% |
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Bitcoin •1 min | 6,472.63 | +2.70 | +0.04% |
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WTI Crude •11 mins | 69.51 | +0.52 | +0.75% |
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Gasoline •11 mins | 1.983 | +0.024 | +1.21% |
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Silver •10 mins | 14.21 | +0.06 | +0.45% |
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Silver • 10 mins | 14.21 | +0.06 | +0.45% | |
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Copper • 10 mins | 2.622 | -0.025 | -0.93% | |
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Ethereum • 1 min | 220.26 | +0.59 | +0.27% | |
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Brent Crude • 11 mins | 78.70 | +0.61 | +0.78% | |
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Natural Gas • 10 mins | 2.760 | +0.009 | +0.33% |
Rumors of a new tax…
U.S.-Turkey tensions have reached a…
Russia’s flagship carmaker was once…
GLD - on buy signal.
SLV - on buy signal.
GDX - on sell signal.
XGD.TO - on sell signal.
CEF - on buy signal.
The long term trend remains down, stay with it.
Summary
Long term - on major sell signal since Mar 2012 when $HUI was at 550.
Short term - on mixed signals.
Gold sector cycle - down.
Only aggressive and nimble traders should participate in the current market condition.
Preferably, wait for the completion of the recovery and begin shorting again.
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