I have been very bearish on gold since its big rally, but it is has really been selling hard lately. It is approaching what looks to be a good support trend line. Maybe this will provide a good place for a rally to at least the top of the regression channel?
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This sure looks like a bottom to me. Let's see if we get some kind of confirmation this week.
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The question is will rising bond rates keep pushing this lower.
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End of day Tuesday and gold had a really nice bounce. Will it keep it up?
