Gold Price Update: Use This Period To Accumulate

October 29, 2021

We really needed to see gold make a higher high on this last rally and it does not appear that it will do it. Gold is vulnerable to more attacks on Monday morning. What could very well happen, a marginally lower low.

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In 1792 the U.S. Congress adopted a bimetallic standard (gold and silver) for the new nation's currency - with gold valued at $19.30 per troy ounce
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