gold is still in an uptrend despite friday's reversal
Updated
watch this week's inflation CPI # and that could be the catalyst for another leg up in metals
Trade active
If gold can take out 1775 on close this week, the new leg up is on...Note
the upleg is now on. I expect it rallies above 1900s in coming weeks/monthTrade active
Guys, we are still in an uptrend.Target 1900 in coming weeks. Next week's CPI # could provide another boost to price. We could see some profit taking and price reversals between 1900 - 1950.
Big trend is up, but there could be some big drawdown in Dec.
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