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Gold Pops on Monday, Real or Deadcat Bounce?
Yesterday we wrote that if Gold broke though 1280 it was in danger of going down to 1220-1240. The low was 1282, gold reversed and bounced hard closing over 1300. Here is what we wrote: I can hear the chants of the pundits and gold longs, “that can’t be right” how can gold continue to go lower?