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Bullmarket of Unprecedented Magnitude in Gold
Author Clive Maund | Published by Goldbroker ™ | Dec 31, 2019 | Articles 4262

Gold is now a major bullmarket as evidenced by its strong breakout from a giant 6-year long base pattern in August. The larger trend is up. We had thought that it might react back closer to the breakout point before turning higher again, but it didn’t, and started higher again in recent days over the Christmas period. This is a sign of greater strength.

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