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harsha.imperial
Nov 14, 2014 6:41 PM

Smart Money Seems to be Buying GOLD. !! 

SPDR Gold TrustArca

Description

All the Volume based Indicators are showing Bullish Divergence with Price, meaning accumulation by Smart Money.
Gold Has been in a Consolidation for more than a year. Divergence during this phase is a strong signal of Smart Money Buying !
TO Confirm this setup GOLD needs to breakout of the downward Sloping trend-line.
Then a New Bull Rally Can Start !
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