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RE: Gold Update: The Long & Short of it....Have You Taken Your Profits?
Yes, I know this is a shocker to all gold bugs. However, sentiment is what drives price and perhaps there is better "gold" out there...like BTC and money transfers can happen. There are many news and events possibilities.
Your TA is muddied with fundamental analysis I see :P it's definitely a possibility (probability no) that prices are driven down to 600$ but have you ever taken into consideration GOLD as an equity derivative, and physical gold - they're two different markets