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Gold Update: Don’t Get Complacent

October 22, 2021

Currencies are the most manipulated markets on the planet. The intermediate cycle low is over? Will the gold cartel attack gold here near the 200 d.m.a.? A hard stop below $1,760-pivot is a good idea, swing point, and we do not want to break below this or it opens the doors to the downside again.

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With gold stolen by Conquistador Francisco Pizarro from the Inca Empire in 1532, Spain financed its conquest of Europe.
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