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Another (200) Day, Another Dollar -- expats
| Another (200) Day, Another Dollar Peter Grandich wishes that he "had a dollar for every commentary about how gold is finished now that the 200-Day Moving Average has been broken to the downside ," using the above graph to remind that "Such a feat has occurred before in the ‘Mother' of all gold bull markets." Got Gold Report concurs, in pointing out that "the gold market has not respected the 200-DMA all that well since Day One . It has routinely made fools of those who mechanically trade via moving averages and so-called. .The above is a snippet from a post in the Pedal to the Metals RSS Feed. The link below is for the full post: |
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