Gold Looking Good

FX:XAUUSD   Gold Spot / U.S. Dollar
66 0 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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