peterbokma

GOLD-NEUTRAL to slightly up

TVC:GOLD   CFDs em Ouro (US$ / OZ)
The issue is, we did not correct a lot as yet, and I felt 1,775-1,790 possible. Now we have corrected little bit from the lows, but not with much motivation. We are also nearing NEW MOON cycle soon, and this may dampen any move higher, and in fact push it lowers once again.

I am cautious expecting little higher, and would then recommend SELL again. For now remain neutral without much conviction.

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