Gold Looking Good

FX:XAUUSD   Gold Spot / U.S. Dollar
68 0
The potential reversal in gold is looking good as major Moving Averages begin to cross and turn up. The Swiss Gold referendum didn't pass as expected and many eager shorts thought that was their opportunity to short gold into oblivion. This is still a very hated and heavily shorted sector that is ripe for a major paradigm shift and short squeeze.

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