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justatrader
Member since September 2015
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Gold and Silver Update

- Florian Grummes - The Silver GoldSpot

In hindsight i feel stupid for exiting at 1150 from 1125. I like your bold statement but i think a dip to 1100 is likely... im watching that level to ride it to an optimistic 1200

Commented 3140 days ago

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Beginning of the headline :Since the flash-crash (24th of July down to $1,071) the technical picture for Gold has been improving step by step. First a $100-short-squeeze pushed Gold towards $1,170 in mid of august. Gold only briefly touched this level and corrected all the way down to $1,098. But during the last two weeks Gold managed to start a rally from these levels. Therefore we have a "$27 higher low" on the chart. That is positive. It has been quite a while since we got such a higher low in the gold ma... Read More

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