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Gold started to dip down, rather fast yesterday, but please dont misunderstand. GOLD did not 'fail' in our expectations. It is getting a little whip-saw action pre-Fed, but it hasnt done an epic fail like out friend above. Let me explain.
Another week has come and gone, lets do a review and see what it may tell us we might expect going into the next week of trading.
That was a fast week of selling in the $SPX , wasn't it? : )
I had pointed out the first area of support last week and we already arrived there Friday...
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