Gold Update: The Bounce Has Begun

December 17, 2021

Some possibility that we concluded our daily & intermediate cycle low. I expect this to be a 5-8 day rally. $1,835 is the line to break, if gold breaks this then I will change my mind…

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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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